Balance of Systems

Schletter to be acquired by investors, closing financial recovery

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.

Fraunhofer ISE launches grid-stabilizing high-voltage inverter

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.

Open letter: German government must protect its solar industry

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

Soltec to launch world’s first bifacial tracking evaluation center

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

Survey finds digitalization, decentralization and decarbonization concerns energy leaders

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 market becoming more diversified as price pressure intensifies – IHS Markit

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.

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GCL-Poly Energy offers $110m loan to subsidiary

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

The weekend read: On track for quality improvement

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.

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GCL-Poly creates JV to build new 20 GW mono ingot fab in China

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.

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DuPont and Envision join forces to develop new degradation analytics for solar modules

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.

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