Meyer Burger posts positive earnings for first half of 2018
The solar manufacturing equipment maker has posted an EBIT of US$15 million for the six-month period. It marks a return to profitability for the Swiss company, after major restructuring and cost optimization programs over the past 18 months.
Another grid-scale battery heads to South Australia
A 25 MW / 52 MWh Tesla energy storage system will be installed at the Lake Bonney Wind Farm, in a state which already houses the world’s largest battery.
ET Solar joins forces with cash-rich rival to drive exports
With a wave of consolidation predicted, the module manufacturer has announced a strategic partnership which will see it open up its overseas sales network and scale to smaller peer Tunghsu Kangtu.
When the wind doesn’t blow don’t worry, the sun shines
The heatwave across Western Europe saw wind power 20% lower than usual while solar irradiance was 20% above average, according to Vaisala, a provider of measurement systems and equipment for meteorology. If this balancing effect is confirmed by further analysis, the technologies may ensure future energy supply by providing a diversified, ‘climate-resilient’ portfolio.
Increased shipments, falling revenues for Canadian Solar in Q2
Module manufacturing giant Canadian Solar shipped 1.7 GW of modules in the second quarter of 2018, a 23.7% increase on the previous quarter, according to the company’s latest update. Net revenue, however, fell more than 50% quarter-on-quarter with the company blaming fewer project sales and lower module prices.
Mixed reaction from solar industry to plunging Turkish currency
As the lira’s troubles continued to weigh on the markets today, it remained unclear how the country’s solar market will be affected. While the plunging currency fosters uncertainty – public enemy number one for investors – it could also create conditions for lower system costs and cheaper PV projects. Nevertheless, a serious slow-down for 2018 must be considered.
Longi exempt from EU minimum import price for products from Malaysia
The Chinese PV manufacturer has proved to the European Commission that it does not use products from China at its Malaysian plant. Therefore, the commission has exempted these products from the applicable minimum import price regime.
Renewables body hails introduction of solar to UK capacity market
Solar – and wind – will finally bring an element of environmental consciousness, and value for money, to the system charged with keeping the lights on in Britain. Is PV finally shaking off long-held fears about its intermittent nature?
Group buying could make up for UK loss of export payments
With a group purchasing program securing hefty discounts for British households – and attracting thousands of potential customers as a result – solar has a viable business case no matter what further cuts the government throws at the industry.
Japan’s PV sector should focus on future energy mix target — report
The Japanese PV industry should respond to the government’s recent decision to leave its 2030 energy mix targets unchanged by pushing for a higher share of solar in the next version of the country’s strategic energy plan, according to a new report.
