Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance
The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.
Sweden plans 60% subsidy for residential batteries
Sweden has announced a government subsidy that will cover 60% of the cost for installing a residential energy storage system, up to a maximum of 50,000 kroner (US$5,400). Battery, wiring, management systems and installation will all be eligible for payment under the subsidy.
Price of mono PERC keeps rising amid strong demand for high-efficiency modules
Module prices began to bounce back in October, helped by a rise in the prices of multi-crystalline, cell and wafer. Currently, the price of common multi crystalline modules has risen to RMB 3/Watt (US$0.43), from a low of RMB 2.8 (US$0.41) in Q3.
Skytron Energy chosen by Sonnedix to monitor 57.6 MW Puerto Rican solar plant
The German-based tech group has been commissioned by the EPC to provide monitoring and supervision technology to the Oriana solar plant, which is the largest in the Caribbean.
JinkoSolar supplied modules for 140 MW PV plant in Minnesota
Chinese PV manufacturing giant, JinkoSolar, was chosen to supply its 72-cell solar modules to the North Star Solar project in Minnesota, U.S., which will be the largest solar plant in the American Midwest once it is connected to the grid later in the year.
Mosaic closes deal for a USD 250 million financing facility from Deutsche Bank
The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a USD 250 million facility from Deutsche Bank, as it aims to have USD 1 billion available for solar loans by summer 2017.
Hanwha Q Cells records 65% YoY revenue increase for Q3
South Korean solar firm posts revenue of $707.8 million for third quarter, generating gross profits of $140.5 million. Shipment volumes remain undisclosed, however.
Solar plus storage systems being installed in 25 villages in Mali
Energy transition start-up Africa Green Tec has entered into a cooperation agreement with German energy storage systems manufacturer Tesvolt to deliver its lithium batteries alongside 50 solar containers, with a total capacity of 3 MWh, to 25 Malian villages.
Sweden to effectively scrap solar energy tax: reports
The Swedish government is poised to introduce a 98% cut to a controversial tax on solar energy after receiving sustained criticism from environmentalists, reports Reuters.
TSEC increasing manufacturing capacity by 450 MW
Solar cell and module manufacturer Taiwan Solar Energy Corp (TSEC) announced plans to increase its annual solar cell manufacturing capacity by 450 MW using finance it accrued through loans and new share issuances, while it is also planning to build a 1 GW solar module manufacturing facility.
