SMA expects strong 2017 as firm raises annual forecast
The German solar inverter specialist has increased its earnings forecast for the year to between €900m and €950m as orders swell.
Oil giant Shell invests in Singapore solar firm Sunseap
Although the amount of investment remains undisclosed, Shell’s involvement is likely to support substantial expansion of Sunseap’s solar production activities in Singapore and beyond.
Kazakhstan’s Akmola Region prepares to host 100 MW solar power plant
The $165 million PV plant will be constructed by local company KBEnterprises with the support of ABB.
Philippine oil firm embarks on another solar venture
PetroEnergy’s clean energy subsidiary receives environmental clearances for construction of 10 MW solar PV plant in the country. Project is the oil firm’s second solar foray.
Enel gets environmental approval for 290 MW solar park in Brazilian state of Piauí
The Nova Olinda project will be located near Ribera do Piauí, in the microregion of Alto Médio Canindé.
Shunfeng issues H1 profit warning
The Chinese clean energy giant is expecting losses over the first half of this year to amount to around $49 million following a difficult 2016 and further squeezing of the firm’s activities in 2017.
Meralco opens bids for up to 85 MW of PV
Meralco is now reviewing proposals from solar developers to beat Citicore Power’s offer to supply 75 MW to 85 MW of PV capacity from three sites at a rate of PHP 3.50 ($0.07)/kWh.
Solar materials demand boosts DuPont segment results
The chemical giant says that the growing PV market drove improved results in its electronics and communications division.
Study finds that storage prices are falling faster than PV and wind technologies
A study from the University of California and TU Munich in Germany shows that long-term R&D spending played a critical role in achieving cost reductions.
Behind Enemy Lines: Renewables to Power Coal Mining
A new Insight Brief from the Rocky Mountain Institute (RMI) spotlights the potential to decarbonize the mining sector through renewable energy. With 75 percent of the global mining industry focused on coal, renewables are now cheap enough to power even the coal industry.
