From the Mag: pv magazine global May issue is now online
As the global solar market players are about to gather at the SNEC tradeshow in Shanghai, pv magazine, as usual, gathers the industry’s top news, latest trends and most accurate prognoses in its new May issue.
NY Green Bank provides financing to Mosaic and Sunrun
The funding is part of four clean energy transactions which recently closed. The bank is working with a New York developer to bring solar project finance to a wider range of businesses.
Financing secured for 100 MW of utility-scale PV in Argentina
The government of Jujuy Province has secured development bank financing for solar PV projects to be approved in an upcoming auction.
SMA posts strong Q1 figures across all core segments
The German inverter specialist sees sales, revenue and cash volumes grow on the back of greater internationalization and a growing presence in commercial PV sectors globally.
SolarWorld registers 42% Q1 revenue increase Y/Y, but losses widen to EUR 20 million
Germany’s SolarWorld posts EUR 212.63 revenue for the first quarter of 2016, but losses widen year-over-year to EUR 20.8 million. U.S. demand fuels large shipment increase.
SMA clings to global inverter top spot, but Chinese rivals closing, says IHS
The German inverter supplier maintained a steady lead at the top of the global PV inverter revenue chart, but China’s Huawei and Sungrow, as well as Israeli firm SolarEdge, are closing in.
Sol Voltaics raises USD17 million for cell efficiency nanotech
Sol Voltaics has received $17 million in C funding round. In 2017, Swedish startup will start pilot production of its nanowire technology that can potentially increase solar cell efficiency by up to 70%.
Yingli defaults on $270m loan, actively steps up restructuring process
Debt worries mount for Chinese solar manufacturer as it misses payments of RMB 1.76 billion due today; issues statement saying it is stepping up ways to generate cash flow.
STA launches online survey to diagnose UKs solar business health
The STA and PwC launch an online survey to analyze the U.K. solar industry after major changes in the policy framework.
Manz AGs energy storage segment drives growth in Q1
German hi-tech equipment manufacturer Manz AG posted promising first quarter financial results, as revenues rise 19.5%, mainly driven by a significant increase in its energy storage segment.
