Mercom: India’s April-October PV imports up 40%, exports down 22%
The value of the country’s solar imports and exports hit US$1.22 billion (R83.1 billion) from the start of the current fiscal year in April to the end of October 2016, up nearly $1 billion from the same period a year earlier, according to Mercom Capital.
EuPD Research predicts tough year ahead for solar PV
Along with the majority of other market analysts, EuPD Research is forecasting a drop in solar installations in 2017, mainly as a result of a reduced installation target in China, which is likely to ramp up the pressure on PV manufacturers.
SMA’s yearly financials show record sales output, but a drop in revenues
Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.
Meyer Burger receives CHF 18 million order
The Swiss technology company will provide its MAiA 2.1 technology to two customers in Asia.
GreenSync secures $3.8 milllion from CEFC
The Clean Energy Finance Corp. (CEFC) will provide A$5 million (US$3.76 million) to help the grid-integration specialist expand its operations.
SoftBank unit to complete 43.4 MW of PV
SB Energy — the renewables development unit of Japanese telecoms giant SoftBank — will connect the project to the grid from the start of February with partner Mitsui & Co.
PariGroup signs declaration of intent to take over Renusol in Europe
A declaration of intent has been signed by both parties. Renusol is set to be passed on as a brand and product to Parigroup, which already has a good working relationship with the PV assembly company.
Array Technologies expands into MENA, Turkey
The company is opening a new office in Abu Dhabi and will provide trackers to 24 MW of PV projects in Turkey.
Amtech/Tempress secures US$60 million in solar tool orders
The bookings for the last four months include PECVD orders and an n-type bifacial turnkey line for customers in Asia, and will ship in the next six to nine months.
Scaling Solar update: Senegal, Madagascar, Ethiopia and Zambia tenders
The International Finance Corporation (IFC) updated the World Future Energy Summit (WFES) last week about solar PV developments in Africa through the IFC’s Scaling Solar program.
