SNEC 2017: news roundup

This year’s busy SNEC exhibition delivered its usual steady stream of news, new products and market insight. pv magazine rounds up the main stories and trends from the three-day event.

SNEC: JA Solar launches residential bundle for China rooftop market

The bundle includes a new JA Solar inverter as the Tier-1 solar firm pursues larger market share of China’s distributed generation sector. Growatt also bullish on rooftop potential in China.

SNEC Daily: First day of exhibition draws huge crowds

Day one of the SNEC exhibition attracted massive crowds as China brushed off worries about a slow start to the year.

Issue one of the SNEC Daily newspaper published on first day of SNEC Exhibition

Published in conjunction with Heraeus, the SNEC Daily is an eight-page newspaper featuring live and direct report from the exhibition and conference floors.

India sets new record low solar tariff of $0.0486/kWh

Winning bid for 250 MW solar project in NTPC-tendererd auction in Andhra Pradesh by Solairedirect is 4.5% lower than previous record price of $0.0494/kWh set earlier this year at the Rewa auction.

Solarcentury acquires 400 MW PV pipeline in Latin America

The British solar firm has expanded its Latin American presence with the acquisition of 400 MW of ECOSolar’s utility-scale solar projects spread across five countries. Local team also expanded.

Inverters with highly integrated components can lower costs, finds Fraunhofer ISE study

Innovation project conducted in collaboration with SMA and Phoenix Contact identifies cost, weight and power advantages of sintering mechanical components of the inverter, and reimagining electromechanical components.

Solar corporate funding activity increases by 100% in Q1, finds Mercom Capital

Total corporate funding across the global solar industry reached $3.2bn in the first quarter of the year, which is a 100% increase on Q4 2016. This rise is largely due to increased debt financing activity, said Mercom Capital Group CEO Raj Prabhu.

Heraeus reveals global recruitment drive for 100 extra staff

The German silver paste specialist is ramping up its global team to support its strategic pivot towards becoming an integrated solution provider. Majority of new hires expected to be in China, company confirms.

Hanergy claims return to profit in 2016 annual financial report

Hong Kong energy firm posts revenue of HK$4.48 billion in 2016, and reports profits of HK$252 million following the resumption of trading. Firm’s solar division reports solid results.