TMEIC building Indian inverter fab, eyes global expansion
Japanese inverter supplier has begun construction on its fifth overseas manufacturing facility as it targets growth in emerging markets of LatAm, MENA and Australia.
H2 2016 solar slowdown will preface 10% global contraction in 2017, says GTM
Analysts expect installations in China, U.K. and Japan to slow over the second half of the year, but U.S. project spillover and India’s large pipeline will hold course despite global slowdown forecast for 2017.
Intevac reports sale of two tools for thin-film PV in quarterly results
Q2 financials reveal thin-film equipment backlog of almost $50 million that the company hopes will be signed off before year end. Overall net loss for the quarter reaches $3.5 million.
Solar Frontier completes 30 MW solar plant at Nagasaki Airport
The installation is the biggest PV plant in Nagasaki Prefecture, and one of the largest to utilize Solar Frontier’s anti-reflective CIS solar panels.
UK: First Contracts for Difference solar farm connected to grid
The 11.94 MW solar farm has been developed by Lightsource Renewable Energy and is the first such installation to be completed under the CfD scheme.
Tesla, SolarCity could unveil merger plans as early as Monday
The consolidation of Elon Musk’s clean energy empire could be one step closer to reality: The electric carmaker and solar PV giant may soon announce plans to merge their operations.
Uganda set to roll with solar PV bus
The East African country is leading the way in green vehicle manufacturing. The state-owned Kiira Motors Corporation has developed three electric vehicles, including the Kayoola, which could become a first on the continent.
Germany adds nearly 120 MW of PV capacity in June
June saw the highest amount of newly installed solar PV capacity in the country. With solar remaining far behind the government’s annual 2.5 GW target, PV subsidies will remain unchanged in August. In the first half of the year, the country installed just 513 MW of PV capacity.
Sungrow raises $400 million to beef up core solar business
The company aims to increase investment in R&D and deepen its focus on innovation in its PV inverter and energy storage lineups.
Renewables set to deliver strong results for German utility group RWE
Innogy, RWE’s soon-to-be publicly listed renwables, grid and infrastructure unit, is set to deliver the lion’s share of group revenue this year.
