Ideal Power posts revenue 75% drop in Q2 revenue, increases net loss
The Texas inverter maker blamed the drop in sales on delays in California’s incentive program and expects business to pick up in the second half of 2016 now that the problem has been resolved.
pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more
SMA grows H1 inverter output to 3.9 GW but announces two fab closures, warns of tough price pressures in 2017
Sales revenue for first six months of the year grows 15.1% to hit EUR 494.1 million, while international share of sales tops 90%. Company announces closure of Denver and Cape Town operations in preparation for tough 2017 price pressure.
First Solar adds another 130MW of solar PV to India's grid
With the connection of two more utility-scale solar power plants to the grid in India, First Solar’s subsidiary in India now has a project portfolio in the country of 260 MW, further establishing itself in what is fast becoming one of the most exciting solar markets.
Silicor recruits AM Technical Solutions to sure up deadlines for new facility
The U.S. solar silicon producer has signed an USD8.9 million project management contract with AM Technical Solutions for its first commercial-scale production facility in Iceland, which it hopes will enable it to strict to the strict deadlines that it has set itself.
Net income back in positive figures for Etrion during Q2
Swiss solar power producer Etrion recorded a quarterly net profit during the second quarter of 2016 for the first time since 2014, which it attributes to its solar activities in Japan; where it plans to continue to focus its resources.
First Solar increases presence in Turkey with 160 MW of orders this year
The U.S. company has won two large contracts to supply 160 MW of its high performance solar modules to PV projects in Turkey, which places it in a strong position to take advantage of a market that is expected to grow dramatically over the coming years.
Berkeley and GRID research partnership to explore off-grid solar potential
The University of California’s Berkeley research institute has teamed up with GRID Alternatives to study ‘energy access’ off-grid solar projects with a view to expanding the reach of off-grid solar around the world.
BREAKING: NRG applies to acquire 2.1 GW of SunEdison solar and wind projects
The carving up of SunEdisons holdings has formally begun.
SolarCity shows uneven results in Q2 2016
The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.
