REC Group sees strongest third quarter ever
Norway headquartered REC Group has become the latest solar manufacturer to post increased module shipments for the third quarter of 2017, as global demand continues to be buoyed by massive installations in China and a rush for U.S. projects to procure modules.
Four key takeaways on Italian PV from Key Solar event
While expecting the announcement of a new energy strategy that could envisage more than 30 GW of additional solar between 2020-2030, the Italian solar sector discussed how to deal with current market conditions and facing the future with optimism at Key Solar, a brand new solar event.
Singulus: 2017 breakeven still possible
The German PV equipment manufacturer has posted financial results for the first nine months of 2017, projecting a protracted investment cycle for CIGS thin-film production. The company expects another prepayment from its major Chinese customer CNBM by the year’s end.
EDF & Canadian Solar connect 284 MW in Brazil
Canadian Solar Inc, and EDF Energies Nouvelles have announced that their 191.5 MWp Pirapora I and Pirapora III 92.5 MWp solar energy plants in brazil, totalling 284 MW were connected to the grid in November 2017.
Shipments and revenues up in strong Q3 for Canadian Solar
Leading module manufacturer Canadian Solar posted revenue of $912 million for the third quarter of 2017, significantly above the figure of $692 million for the previous quarter. The company also saw quarterly shipments rise to 1.87 GW.
IEA: Solar, wind power rapid cost reduction may enable new options for greening industry
Highlighting the potential for greening the industrial sector amid rapid decline of solar PV and wind power costs, a newly published report by the International Energy Agency (IEA) shows that generation directly serving companies and public is dominated by commercial-scale PV, which made up 10% of all new additions in 2016.
Sunrun within striking distance of Tesla’s solar market share
Sunrun installed only 17% less solar than Tesla/SolarCity during Q3, as the only of the big three residential solar companies that is still growing.
Developers propose 350 MW PV+storage project in UK
A joint venture between leading solar developers Wirsol and Hive Energy has launched a proposal for a solar park ‘in excess of 350 MW’ to be located on Britain’s North Kent Coast. While the proposal is in its initial stages, the developers state that the project will be built without any subsidies.
Record quarter for SolarEdge as firm registers 22% growth in Q3
Revenue for the Israeli power electronics company rises 22% sequentially in third quarter to reach $166.6 million. More than 676 MW of inverters shipped helped drive gross margin of 34.9%.
juwi commissions 19.7 MW of unlicensed solar projects in Turkey
The German solar developer and EPC has switched on 19.7 MW of combined solar PV capacity in Turkey, developed as two separate projects at three locations.
