IHS: Growing tracker market reached 4 GW in 2014
Tracker application is growing fast, with IHS finding that 4 GW of tracker installations were installed in 2014, representing growth of more than 60%. Array Technologies remains the market leader however it is losing market share.
SMA enjoys strong Q1 sales growth, expands international footprint
The German inverter manufacturer increases year-on-year sales to $254.7 million, driven by growth in the large-scale sector. Hefty staff reduction almost completed.
Vivint Solar rides high on Q1 performance
The U.S. residential installer posted positive results across the board, including a 172% year-on-year revenue increase and a 131% rise in MW installed.
Solar Frontier to develop 100 MW of CIS plants in UK
Japanese thin film manufacturer to partner with New Energy for the World to develop 100 MW of CIS solar parks across the country, following success of previous 7.15 MW project in Banwell.
Solar-Fabrik granted self-administration insolvency right
Rejected by a court in Freiburg at the beginning of the month, beleaguered German PV manufacturer has now been permitted chance at self-administration insolvency.
Flextronics to produce NEXTracker's SPT controller
U.S.-based NEXTracker has selected global OEM electronics manufacturer Flextronics to produce its Self-Powered Tracking (SPT) controllers. The move will allow “a rapid commercial rollout of SPT”, the companies state.
Con Edison acquires 140 MW of Californian solar projects
Subsidiary of Consolidated Edison snaps up six shovel-ready PV projects from SolarReserve LLC and GCL Solar Energy, PPAs agreed with SCE and PG&E.
Jinko signs 1 GW supply agreement with CMNE
JinkoSolar has signed a two-year, 1 GW module supply deal with China Minsheng New Energy (CMNE), a subsidiary of China Minsheng Investment Corp. The modules will be used to develop PV power plant projects in China in 2015 and 2016.
Elkem finalizes REC Solar purchase
The Chinese-owned, Norway-based Elkem AS has completed the acquisition of REC Solar, the largest suppliers of solar panels in Europe.
SunEdison considers MLP structure, announces $750M convertible notes sale
SunEdison Inc. is considering a general partnership (GP) business structure as part of a master limited partnership (MLP) to help it more effectively manage its TerraForm yieldco platforms. It has also announced its intention to sell US$750 million of convertible senior notes.
