Vivint Solar grows revenue on lower volume
The US residential solar power company continues its focus on higher profits, hinting at strong growth potential in coming quarters as sales teams settle into their new pipelines.
JinkoSolar achieves 23.95% efficiency for p-type mono cell
Chinese module manufacturing heavyweight JinkoSolar has announced the achievement of a new world record efficiency for a p-type monocrystalline silicon cell, at 23.95%. The record has been confirmed in testing by the Chinese Academy of Sciences.
Turkey’s solar could pass 20 GW by 2026
In the most bullish scenario provided in a report published by Turkey’s Shura Energy Transition Center, solar is predicted to reach 30 GW of installed capacity by the halfway point of the next decade. The report’s most conservative scenario envisages around 6 GW.
Netherlands awards 1.9 GW of PV in SDE+ 2017 autumn round
Solar was once again the source with the largest share in the latest round of the SDE+ program for large-scale renewable energy projects. Around 1.3 GW of pre-qualified solar projects, however, has been rejected. Among the selected projects is a 109 MW solar park planned for the province of Groningen.
SMA confirms guidance for 2018
In the first quarter, SMA saw its sales increase slightly, while EBITDA improved compared to the same period of the previous year. Net profit, however, was significantly below the level of the first quarter of 2017.
Spain’s Unieléctrica enters solar business with 50 MW project
The Spanish power trader is planning to build its first large-scale solar power plant in the region of Murcia. The facility is intended for self-consumption and to be financed with own funds.
SunPower to exit utility-scale solar development
The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
Mongolia’s largest PV power plant financed by EBRD & partners
The European Bank for Reconstruction and Development (EBRD) and investment partners will provide a $30.7 million syndicated loan to finance a 30 MW power plant, which EBRD says will be the first large-scale solar installation built in Mongolia.
Daqo Q1 2018 results: Continued growth allows expanding production base
Following a year of solid growth, the Chinese polysilicon supplier’s financials indicate that last year’s strong growth was sustainable.
Manz posts 81% revenue growth in first quarter
Sales were particularly strong in the solar segment. Despite the considerable improvement, the German PV equipment provider still remains in debt.
