Balance of Systems

With the acquisition by Golden Square Capital, the Germany-based PV company can finalize the plans to improve its financial status. Providing a two-digit million figure, the investor ensures that product and business development units can improve their activity in the future. Yet, cutting jobs in Germany is inevitable.

The new inverter was developed in the HV-SiC project under the Future Electricity Grids funding program financed by the German Federal Ministry of Education and Research (BMBF). The inverter can regulate power currents of up to 10-15 kV more than ten times higher than regular silicon inverters. Fraunhofer says this makes new system architectures for power grids and plants conceivable.

In an open letter, more than 30 German PV companies and research institutes demand an industrial strategy to retain a domestic solar industry. According to the signatories, that means increased co-operation with France and the consideration of sustainability criteria for PV tenders

Spanish manufacturer of horizontal single-axis solar trackers Soltec, together with Black & Veatch and the Renewable Energy Test Center, have created a new evaluation center in Livermore, California. The inauguration will take place on July 9

The World Energy Council tracks the top concerns of energy leaders and has created a tool with Arup to display its findings. The rise of digitalization issues and the decreasing significance of fossil fuels indicates a strong renewables market ahead and energy start ups are receiving increasing attention from utilities and leaders

PV inverter shipment volumes have gone up recently, but an increasingly competitive market has seen declining prices, forcing manufacturers to think out of the box to find new business applications for their products.

China’s GCL-Poly Energy Holdings has agreed to lend US$110 million to GNE Development, a wholly owned unit of the group.

China continues to grow in importance as a key source of components for solar trackers produced by the world’s leading tracker companies, in part since improvements in Chinese quality control have advanced significantly over the last few years.

The Chinese solar energy firm announces details of joint venture with the Qujing Municipal Government in China to build a 20 GW monocrystalline ingot facility in Qujing.

Solar materials producer DuPont Photovoltaics Solutions to cooperate with Internet of Things pioneer in big energy data Envision to develop effective degradation analysis for solar modules.