Markets & Policy

The German solar inverter specialist reports 3.2% year-on-year sales increase to the end of Q3, while operating earnings increase considerably against same period last year. CEO warns of unknowns of Trump presidency, and rails against Chinese tactics.

The 9.1 MWh plant was a joint venture by Asunim and Pheonix Solar for Akfen Renewable Energies, and is not only now the largest PV plant in Turkey, but is the first fully licensed plant outside of the 1 MW limits.

The Israeli power electronics company posts revenue for the quarter ended September 30 of $128.5 million, which is both a sequential and year-on-year growth, while operating income reaches $18.2 million.

A study conducted by German market researcher EuPD Research found that a shocking number of British PV customers and prospective customers are unaware that energy storage solutions are available to go alongside PV arrays, which is damaging the market and causing an adoption slow-down.

Representing 23% of gross residential megawatts booked in the third quarter, SolarCity loan and cash sales helped drive a 76% revenue increase year-over-year as company exceeds 300,000 solar customers.

Almost 2.5 GW of solar projects have been submitted to the Netherland’s autumn SDE+ tender round. The SDE+ autumn round has a budget of €5 billion available to renewable energy projects, with the Dutch Ministry of Economic Affairs announcing last week that 2.439 GW of solar projects, worth €11.5 billion, had applied for the SDE+ subsidy in the latest tender round.

The German EPC contractor for solar developments has announced solid financial results for the third quarter of the year, with yearly growth in revenues, EBIT and gross margin, which the company puts down to its presence in growing markets around the world, as well sensible prices and supply chain initiatives.

SunPower reported impressive operational results, but continued losses and warned of impacts over the next few quarters as it copes with intense module price pressures.

The Canadian asset manager has proposed to either take over as the sponsor or buy the company outright.

The results of the 2016 U.S. Presidential and Senate Elections are a worst-case scenario for the U.S. solar industry, and no federal support is safe.