DSM acquires Chinese backsheet manufacturer Sunshine
The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.
sonnen to open new manufacturing and R&D hub in Atlanta, US
Production at the InnovationHub expected to commence in the second quarter of the year, the German storage specialist confirmed. Facility combines sonnen’s U.S. manufacturing operations and product research capabilities.
SunPower reports heavy losses in Q4 results
The company took a big hit from restructuring charges, as its latest quarter of dismal financials.
UK local authorities cite lack of Government support as main barrier to solar
A Freedom of Information request made by Korean giant LG Electronics has revealed that 47% of local authorities in the UK see the lack of Government incentives as a barrier to solar investment.
Turkey delays tender of 1 GW solar plant by one month
Turkey’s tender for the flagship solar PV project with 1 GW of capacity has been postponed for one month. The government wants the plant to be built using locally manufactured content only.
Asian Development Bank climate funding rose 42% in 2016 to $3.7bn
Investments steered by the ADB into climate financing reached record levels last year, with more than $2.65 billion alone going towards tackling climate mitigation, report shows.
The U.S. solar market nearly doubled in 2016 to 14.6 GW
The latest figures from GTM Research and SEIA show that for the first time, solar was the largest source of new generation by capacity.
Nuon to combine 70 MW of solar with wind farms in the Netherlands
The Dutch subsidiary of Swedish energy giants Vattenfall has announced plans to add 70 MW of PV capacity at six windfarms located across the country. Plans to include storage applications at at least one of the sites are also in the works.
SolarEdge Q2 2017 financials show record 35% gross margin
Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
Kong Sun surpasses 1 GW in China
The solar investment group’s cumulative installed capacity in the country hit 1.15GW at the end of December, up from 950.3 MW in late June 2016, according to a statement to the Hong Kong stock exchange.
