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.
Weather and climate data: Answers to questions from the pv magazine webinar
Assessment of weather data and forecasting are vital in reducing risks and, therefore, financing costs and losses during the operation of solar plants. Following a recent pv magazine webinar, Finnish environmental firm Vaisala has prepared detailed answers to the main questions posed by participants.
AfDB and Green Climate Fund partner to develop renewables in Africa
The African development bank (AFDB) and the Green Climate Fund (GCF) have entered what is described in a press release by the AFDB as a “full-scale” partnership, with the long-term goal of unlocking Africa’s renewable energies potential.
