The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.
The Israeli power optimizer specialist compensated for a slowdown in the U.S. residential market by increasing its international sales, ending the fiscal year with a 50.7% revenue increase.
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
Russian PV company Hevel LLC has received a patent for its 20.3% efficiency HJT modules. The company is planning to increase its manufacturing capacity and complete 70 MW of PV plants by the end of the year.
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
The companys PV Module Supplier Scorecard looks at a variety of metrics.
In results for its first full quarter since the failed merger of Vivint Solar and SunEdison, the residential solar installer reports recovery and record low costs.
China’s Yingli Green Energy likely surpassed its guidance for PV module shipments in the second quarter, but expects to post a slightly lower gross margin than in the preceding three-month period.
The twin-island state has employed UK-based PV project developer PV Energy Ltd to build both large-scale and rooftop solar arrays across the country, and has now enlisted its help to equip the systems with energy storage units.
The Germany company saw a significant rise in EBIT over the same period from last year, which it puts down to its renewable energies business and its fruit business, while also citing causes for optimism over the second half of the year.
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