SMA delivers positivity across the board in 2015 financials
Sales growth of 24% year-on-year driven by strong performance in large-scale, residential and commercial sectors as company targets first dividend payout for four years following robust turnaround.
Largest solar energy field in Arkansas is operating
Aerojet Rocketdyne, Arkansas Electric Cooperative and Ouachita Electric Cooperative “flip the switch”on operating the 12 MW project.
USAID and ADB sign $848m MOU for Indian solar PV development
The U.S. Agency for International Development and the Asian Development Bank sign memorandum of understanding to fund the development of Indian solar PV projects to the tune of $848 million.
Worlds first triple geo-PV-solar thermal power plant unveiled in Nevada
Stillwater power plant, the first triple hybrid facility in the world, combining geothermal, photovoltaic and solar thermal power generation, was inaugurated in Nevada.
Huawei edges out SMA as leading global inverter by shipments, finds GTM Research study
The Chinese giant shipped the most inverters in 2015 in terms of MWac, pushing SMA into third place behind Sungrow; positions switched in terms of revenue, with SMA holding on to top spot despite pressure from Huawei and Sungrow.
UK: Solarcentury reaches 140 MW milestone under current ROC year
The British solar developer will see out the end of the current Renewable Obligation Certificate scheme having connected 140 MWp of new solar PV farms across the country over the past 12 months.
Foxconn seals Sharp buyout deal on vastly reduced terms
The Taiwanese company finalizes two-thirds control of the Japanese electronics giant for sum of 389 billion yen ($3.5 billion) in inaugural buyout of a Japanese firm by a foreign entity.
Manz records 2015 revenue slightly above forecast but 27.4% down from 2014
Manz AG announced its 2015 financial results indicating significant loss mostly in its electronics sector due to order cancellations and delays of around EUR 140 million. The company expects to grow its capital in 2016 due to the strategic collaboration with Shanghai Electric in the solar sector.
Mexico awards more than 1 GW of solar at US$40.50/MWh
EGP, SunPower, Alten and Recurrent Energy were awarded PV projects in the first electricity auction following energy reform in Mexico. According to local press, the median price for solar was around US$40.50 per megawatt-hour.
Conergy completes 201 MW of solar PV in the Philippines
The developer was able to connect eight projects to the grid in advance of a March 15 feed-in tariff deadline, but there is no guarantee that all will make the cut.
