SMA establishes Brazil subsidiary
The German inverter specialist creates Brazil-focused arm of business to focus on the growing market’s opportunities, particularly at utility-scale; SMA Brazil will work closely with SMA South America, located in Chile.
U.S. DOE to provide $21 million to address soft costs, deployment barriers
The new funding includes US$13 million to states to support development of deployment strategies, and $8 million to speed technology evolution.
Ascent improves design of PV modules for space environment
The U.S. company says its super-light its superlight modules are ideal for satellites, space vehicles and space stations. Ascent is eager to tap the fast growing space and near space markets.
REC Silicon to shut down remaining FBR polysilicon production in Washington
The polysilicon maker will also shut down silane units, and says these moves are the result of Chinese import duties on U.S. polysilicon. Falling polysilicon prices may also play a role.
GTM Research: Residential solar has passed grid parity in 20 states already
The company’s latest report finds that under current policies residential solar will reach grid parity in 42 states by 2020, but expects policy changes to undermine these economics.
SolarEdge fiscal Q2 sales surge 70% Y/Y on US growth
The power optimizer specialists post record revenue of $124.8 million for the fiscal second quarter of 2016, shipping 416 MW of inverters to exceed market expectations.
China: NEA data puts cumulative PV capacity at 43.2 GW
Statistics from National Energy Administration echo those published in January by state news agency Xinhua, confirming China is now the world’s largest market for installed solar PV capacity.
Abengoa looking to offload stake in UAE's Shams 1 CSP solar farm
The Spanish renewables company is seeking to sell its 20% share in the CSP solar plant as it seeks to raise $335 million of liquidity to satisfy circling creditors.
London: Europe’s next wave of solar needs to be smart
Solar power is at the forefront of a smarter energy sector, but to enable a new wave of PV installations in Europe, solar needs new regulatory frameworks that value flexibility, says the Smart Energy UK and Europe conference in London.
Yingli receives $300m state-backed loan to ease restructuring process
The Tier-1 Chinese solar developer has secured a loan of approximately CNY 2 billion from the Chinese National Development Bank to help the firm pay down its debts.
