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ABB exits solar inverter business

This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.

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Electric vehicle announcements point way ahead for UK transport – with or without government support

Two of the nation’s largest commercial fleet operators have pledged to go all-electric by 2030, beating the government’s ambition by a decade, and carmaker Jaguar Land Rover has made a big electrification announcement – but insisted the politicians need to show similar bold ambition.

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Lumos CEO: ‘There is room for PV of all shapes and sizes in Africa’

pv magazine caught up with the chief exec of the pay-as-you-go solar home system provider to get his thoughts on the claim mini and microgrid business models don’t stack up and the suggestion government-driven utility scale solar should light the way in the sub-Saharan marketplace.

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Noor solar park operational

The world’s biggest solar park is reportedly up and running.

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Reports Huawei has exited US solar inverter market

Roth Capital Partners has reported the inverter maker ceased U.S. sales on Friday, laying off all its U.S. citizen staff amid rising tensions between the Trump administration and China.

Mexico reaches 4 GW milestone

Of the nation’s installed operational PV capacity, 3,364 MW is in the form of solar parks while distributed generation contributes around 693 MW.

Five takeaways from the Africa Energy Forum 2019

At the 21st AEF, held last week in Lisbon. pv magazine had two journalists on the ground and here reports on five key findings.

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REC Silicon suspension will hinge on G20 meeting between Trump and Jinping

The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.

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Northvolt secures $1bn for battery gigafactory in Sweden

Initially, the company will construct a 16 GWh factory plus a joint venture fab with Volkswagen in Germany, which will also have a throughput of 16 GWh. Both factories could be extended to tap further into the large market for battery cells in Europe.

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REC Silicon scraps shares placement because stock is cheaper in open trading

Stock in the polysilicon manufacturer appeared to be recovering in early trading on the Oslo exchange this morning after it cancelled plans for a private placement of as many as 50 million shares.

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