Sungevity files for bankruptcy amid rumors of IKEA buyout
Four days after laying off an estimated 400 employees, Sungevity has filed for Chapter 11 bankruptcy. Meanwhile former employees say that a potential acquisition of the company’s European business by IKEA is afoot.
Panama reports 46 MW of new large-scale solar capacity for 2016
With seven large-scale PV projects connected to the grid last year, Panama has reached a cumulative PV capacity of 89 MW.
Italian PV demand maintains steady pace in January, new opportunities for business
The Italian PV market maintains its path of stable growth in January with approximately 25.7 MW in new systems. Meanwhile, the local government agency GSE has published new rules for the revamping and repowering of existing installations. The Italian renewable energy sector believes that the new rules will create new business opportunities for both solar manufacturers and developers.
Global MLPE market to grow to $1.16bn by 2021 in wake of new regulatory requirements, finds Frost & Sullivan
Growth in distributed renewable power generation is sparking raft of regulatory requirements that benefit module level power electronics, says a Frost & Sullivan report.
Poland added 94 MW of PV capacity in 2016
The Polish solar market has seen its largest growth in 2016 with approximately 94 MW in new installations. The country’s cumulative installed PV power had reached 192 MW at the end of December. A more stable regulatory framework is giving investors more confidence.
Burkina Faso: citizens, film festival and country go solar
Financing for two new large-scale PV plants, a 33 MW PV plant under construction and small installations indicate the African country embraces solar technology in order to satisfy its electricity needs.
Intevac reports massive ion implant tool order
The company’s ENERGi systems will be used to enable a more than 1 GW expansion of high-efficiency n-type mono cell capacity for an un-named customer in China, a big boost for the technology.
Etrion posts $110.4 million net loss in 2016
The independent power producer recorded a net loss of $110.4 million from its continuing operations — up sharply from $27.5 million a year earlier — due to impairment expenses totalling $75.7 million, in addition to a net deferred tax write-off of $6.9 million.
Asys introduces new metallization line
German equipment supplier Asys today announced the launch of its new dual lane metallization line for crystalline silicon cell production, Alignus 1.5s. The line features a high level of automation, as part of the company’s Industry 4.0 approach, and aims to decrease cell metallization process times.
Power Electronics provides 275 MW of inverters for two Mexican projects
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
