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Manufacturing

United PV achieves modest H1 profit increase of $37m

The Chinese solar PV group increased its net profit by 1% year-on-year as it ramped up its downstream portfolio by more than 55%.

Hanergy reports H1 net profit of $105m

The troubled Hong Kong solar company’s financials reveal that two customers accounted for almost 80% of sales revenue in first six months of the year; revenue reported as $425 million for the period.

Interview: How Solar Impulse's round the world flight took batteries on a journey of discovery

July’s successful circumnavigation of the globe by Solar Impulse was a triumph for human endurance and ingenuity, and proved solar power’s efficacy as a reliable source of electricity. But the project would not have been possible without batteries… and the journey proved a voyage of discovery for storage’s technical possibilities.

BBOXX raises $20m funding to boost African off-grid solar presence

The London-based solar systems provider has secured investment from a consortium of backers, including Engie SA, to help support its expansion plans in Cameroon and the Ivory Coast.

India: Adani to commence 1.2 GW solar fab construction before year end

The Indian conglomerate says it expects to commission phase one of its Gujarat solar equipment facility before year end, with Phase 2 penciled in for April 2017. Tenders issued for 200 MW solar+storage in Karnataka.

NEXTracker acquires predictive modeling software firm BrightBox

U.S. tracker manufacturer NEXTracker has purchased software firm BrightBox Technologies in a move it says will augment its predictive modeling capabilities and expedite the commissioning process.

Sharp mulls China solar cell market entry

Japanese electronics giant is preparing to expand into the Chinese solar market with an eye on supplying megasolar plants being planned across the country. Strategy could prove risky, experts say.

Sun Brilliance plans upsized 100 MW solar farm in Western Australia

Having originally announced details of a 25 MW project, the Perth-based solar power integrator has now secured a larger tract of land and promising funding to upsize the plant to 100 MW.

Dyesol secures $1m funding for Perovskite cell research

The grant from the U.K.’s Engineering and Physical Sciences Research Council will enable the Australian organic cell developer to better understand the impact of halide modified titania on Perovskite cell performance.

Storage shows its worth in UK's first Enhanced Frequency Response auction

A total of 1.4 GW of projects were put forward under the 200 MW tender, with energy storage projects taking positive steps forward, says Renewable Energy Agency.

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