SMA forecasts 'considerable earnings increase' in 2016
The German inverter maker is banking on booming business from the digitization of the energy sector and predicts up to a fourfold increase in operating profit in 2016. The company is presenting the upbeat outlook to analysts and investors today at its Capital Markets Day event.
China Sunergy boosts revenue, narrows loss in third quarter
The PV manufacturer has seen a sharp increase in sales of its self-branded solar cells and modules. The company’s business in China accounted for 52% of its total revenue.
sonnen partners with SolarWorld, expands US presence
In addition to teaming with the leading PV manufacturer, the German company is also developing financing for residential storgage solutions in the States and has opened new headquarters in Los Angeles.
China: Longi invests $456m in 3 GW mono-silicon fab in Ningxia
Company will use diamond wire cutting technology at the new fab.
CG joins CEA to explore solar market potential in India
The Indian conglomerate and European research organization have teamed up to examine opportunities for solar energy in the country’s airports, which have an estimated solar potential of more than 500 MW.
sPower taps Rosendin Electric for EPC services
The agreement represents a significant portion of solar in the leading electrical contractor’s renewable energy division. sPower aims to double its operating portfolio this year.
Aide to produce PV modules for Zhonghuan Semiconductor
The company’s PV modules are slated for use in the solar joint venture established China by Zhonghuan, Apple and SunPower.
Juwi expands in MEA region, taps new leadership
The German company’s Dubai-based subsidiary is building a major solar project in Jordan and working on a wind-solar plant in Bahrain and recently appointed new execs to helm the division, which is focusing on the Middle East and Africa.
China Cinda may join Yingli's debt restructuring
The state-owned asset management company could help Yingli sell off assets.
SoloPower Systems completes first commercial-scale deployment in South Africa
The factory rooftop project used the Oregon company’s CIGS thin-film solar technology in the installation, which required no power tools, racking or special handling. The ultra-light weight photovoltaic modules are up to 85% lighter than traditional PV panels.
