State Bank of India’s 600 MW plan for rooftop solar moves forward
The $625 million program, which is being financed by the World Bank, will provide private developers with financing for viable grid-connected rooftop PV projects.
Intevac’s revenue and profits pushed up by thin-film equipment sales
The California-based equipment supplier sold one Matrix solar ion implant system and two Energi solar implant systems during the second quarter of this year.
SolarWorld enters insolvency
Almost three months after announcing provisional insolvency proceedings, the German module maker has now entered the insolvency process. The company, however, is currently negotiating with a potential investor for the takeover of its two German production sites.
MIT researchers develop ‘any surface’ solar cell
A team of scientists from the Massachusetts Institute of Technology Energy Initiative has developed a flexible, transparent solar cell, using low-cost organic materials and graphene. The researchers say this cell could turn virtually any surface into a source of power generation.
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.
