Hanwha Q Cells and Adler Solar sign 25 MW repowering deal
The South Korean solar firm will supply its Q.Plus modules to German services provider Adler Solar to install at older solar sites in need of upgrade and repowering. The option remains open for Adler to upgrade the supply deal to 30 MW.
JA Solar posts 16% revenue, 25% shipment year-on-year increase in 2016
A solid fourth quarter ended a good year for the Tier-1 Chinese solar company, where shipments topped 5.2 GW and revenue reached $2.3 billion.
Armenia builds third 1 MW PV plant under special tariff regime, announces plans for module factory
The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016. Construction on the country’s third 1 MW solar project under this regime has now begun. Furthermore, the Ministry of Energy has announced plans for Armenia’s first module factory.
NEXTracker expanding manufacturing operations in India
The solar tracking specialist has signed expanded partnership deals with five local companies that will increase the volume of its steel produced locally to 80%, thereby lowering shipments into India by as much as 50%.
ET Solar begins work on ACWA’s 60.9 MW solar plant in Jordan
The German subsidiary of ET Solar is building a 60 MW PV plant in Jordan for ACWA Power. Construction on the project is expected to be completed within ten months.
CGN New Energy’s profit narrows in 2016
The Chinese independent power producer’s profit attributable to shareholders plunged 23.5% year on year to $79.5 million, as revenue slid 6.7% to $1.07 billion in the 12 months to the end of December.
Blattner Energy takes top U.S. solar EPC spot in 2016 (with chart)
IHS Markit’s latest assessment of U.S. solar contractors finds that Blattner outpaced First Solar to take the top spot in 2016.
Malaysian PV investment hits $544 million in 2016
The Malaysian Investment Development Authority (MIDA) approved 2.42 billion ringgit ($544 million) of solar investments in the 12 months to the end of December.
Switzerland installed 250 MW of new PV systems in 2016
According to estimates from national association Swissolar, about 250 MW of new PV installations were connected to Switzerland’s grid last year.
Net metering 2.0 slows down California’s residential solar market
Solar industry commentary is echoing state data, which shows that the implementation of net metering 2.0 and time-of-use rates is having a significant negative effect on California’s distributed solar market.
