SolarEdge reports strong Q1 with $115 million in revenues
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million
SunPower’s losses continue during Q1
The high-efficiency solar manufacturer is still bleeding red ink, as it begins shipping its lower-cost P-Series modules and continues its restructuring.
U.S. researchers say solar micro-grids can help military facilities prevent cyber and physical threats
A U.S. research team from the Michigan Technological University is assessing the technical and economic viability of military microgrids run on solar power.
Ecosummit 2017: Eneco Group to invest in Next Kraftwerke
Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.
Hungary supports net metering PV projects up to 50 kW with 0% loans
The Hungarian Development Bank started a subsidized loan program for renewable energy and energy efficiency in late April. The €350 million program will run through to 2022.
Manz sets up CIGS joint venture with Chinese partners
The German PV equipment provider will partner with Shanghai Electric Group and Shenhua Group to further develop the CIGS technology. NICE PV Research has already started R&D activities.
Mexico publishes bidding rules for November’s renewable energy auction
The auction will be held in November. Under the auction’s new dispostions, solar projects will be able to sell power to more entities, while prior to these new rules the only buyer was state-owned electric utility CFE.
Brazil: over 10,000 PV systems are now installed under net metering
The combined capacity of these installations has reached approximately 78 MW. The state with the highest number of PV systems under net metering is Minas Gerais.
Study: reasonable cost of capital can make solar competitive in all European countries within five years
According to a new report from (ETIP PV), solar is already competitive with the current low wholesale electricity prices in southern European countries, while in Europe’s northern regions PV can become competitive within the coming five years.
California grid operator gets ready for August eclipse (with graph)
With California getting a higher portion of its electricity from solar than any non-island nation, the stakes are high with this summer’s eclipse. Fortunately, Europe has already been down this road.
