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.
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.
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.
Italian Eni to build 420 MW of renewables in Italy, Egypt and Pakistan
Italian energy company Eni is planning to build up to 200 MW of PV near its own facilities in Egypt and Pakistan, and turn abandoned industrial areas in Italy into 220 MW of clean energy projects.
Engie acquires 80% stake in battery maker Green Charge Networks
The utility follows in the footsteps of its French counterpart Total by moving into the battery storage space with its 80% acquisition of California’s Green Charge Networks.
Sonnen bests Tesla's Powerwall in Q1 battery sales
The German storage startup takes the fight to Tesla in 2016, selling 2,600 batteries in the first quarter to edge out Tesla, which confirmed earlier this month that it has sold 2,500 Powerwalls during the same period.
Gamesa combines PV, wind, diesel and storage in off-grid system
Gamesa has installed a prototype of its 2 MW off-grid system, combining solar, wind, diesel-fueled power generation and energy storage batteries, in La Muela municipality, Spain.
S-Energy to supply 74 MW of modules for two PV projects in Colorado
S-Energy will supply over 74 MW of PV modules for two utility-scale projects that are being developed by juwi Inc. in Colorado.
Indian Rays Power Infra completes 11.5 MW PV plant in Telangana
Rays Power Infra has commissioned a 11.5 MW PV plant in Indian Telangana state, first part of its 150 MW pipeline scheduled for the next 11 months.
33.1 MW PV project wins in Jamaican renewable energy auction
The Jamaican Office of Utilities Regulation has selected Eight Rivers Energy Company as the preferred bidder to build, own and operate a 33.1 MW PV plant at Paradise Park, Westmoreland.
