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Commercial & Industrial PV

SolarEdge Q2 2017 financials show record 35% gross margin

Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.

Kong Sun surpasses 1 GW in China

The solar investment group’s cumulative installed capacity in the country hit 1.15GW at the end of December, up from 950.3 MW in late June 2016, according to a statement to the Hong Kong stock exchange.

JAG to raise $47.6 million with project bonds in Japan

JAG International Energy aims to raise ¥5.4 billion ($47.6 million) to fund the completion of a 17 MW solar project north of Tokyo.

Japanese venture snaps up 10% of ReNew Power for $200 million

Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.

Genex Power secures $76.8 million for 50 MW Australian mine PV

The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.

Onyx Solar begins construction on largest solar skylight installation

A new mixed-use building complex being developed by Somerset Development will feature the installation of more than 3,200 solar skylights, which will generate electricity whilst naturally illuminating the complex.

ABB to transfer solar inverter business to new division

The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.

New projects connected in Jordan

Spanish project developers Energoya announced completion of construction on a 23 MW power plant in the town Ma’an, while 3G-ERES connected 3 commercial installations totalling 11.1 MW to boast the first solar powered 5 star hotels in the world.

First Solar to supply modules for 140 MW project in Australia

The U.S. developer today announced it will supply its advanced thin film PV modules to the 140 MW Sun Metals Solar Farm. The project will supply electricity to the Sun Metals zinc refinery, owned by the Korea Zinc Group.

China’s 200% DG solar growth rooted in agriculture sector, finds AECEA

Detailed examination of the National Energy Administration’s official solar PV statistics for China reveals a 200% year-on-year growth in distributed solar. Sector grew by 4.23 GW in 2016.

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