Enphase posts Q1 Y-O-Y revenue growth of 50%
Microinverter specialist reports first quarter revenue of $86.7 million, shipping 162 MW of micro inverters, an increase of 74%.
MIT Energy Initiative: solar best potential for meeting humanity's needs
Solar has been singled out by the MIT Energy Initiative (METEI) as holding the best potential for meeting humanity’s future long-term energy needs while cutting greenhouse gas emissions. The research calls for more funding into grid and market integration of PV along with research into technologies to reduce cost and increase efficiencies.
Trina to build major new production facility in Thailand
Trina Solar has announced its intention to construct a 700 MW cell and 500 MW module production facility in Thailand. Trina will invest US$160m on the factory building and tooling, with production at the site set to commence in late 2015 or early 2016.
Hanergy subsidiary books 900 MW tool order from Hanergy
Fully owned Hanergy subsidiary Fujan Apollo has reported a 900 MW order for silicon-based BIPV module assembly lines. The purchaser is Hanergy Holding.
Construction begins on 97 MW Chilean PV plant
Construction on Enel Green Power’s (EGPs) 97 MW Chilean PV power plant is underway. It is scheduled for completion in 2016.
Tesla 'R' Us: more solar firms partner with the Powerwall
Tesla’s breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.
Advanced Energy enjoys Q1 profit of $21.3 million
Sales revenue held steady at $141.1 million for the first quarter, although inverter sector performed poorly, impacted by seasonality and pricing pressures.
Court rejects Solar-Fabrik's self-administration insolvency plans
A court in Freiburg has rejected Solar-Fabrik’s attempts at self-administration insolvency, due to high costs. The news comes on the back of product warnings issued by the company.
SolarCity secures $500m aggregation loan for distributed solar
The credit facility agreed with BofA Merrill Lynch, Credit Suisse and Deutsche Bank thought to be largest of its kind for distributed solar projects.
Global inverter market shrinks 4%, Asian suppliers gaining, says IHS
Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.
