Funding from a handful of private investors will be used for production ramp up of GCL’s PERC and HIT cell technology.
The American equipment maker has made its first announcement of large equipment orders since exiting bankruptcy in March.
The new plant is one of the largest on the U.S. East Coast, and will help meet both federal and site-specific renewable energy goals.
GTM Research says SolarCity fell to second place in the commercial and industrial market during the quarter.
The Canada-based company announced the signing of a Letter of Intent with a major Original Equipment Manufacturer for delivery of its lithium-ion battery modules, as the market heats up.
New report suggests that PV inverters and module level power electronics will grow by an average annual rate of 11% between now and 2020, with central inverters set to relinquish market dominance.
A report from the German Engineering Federation shows that incoming orders for PV manufacturing equipment have more than doubled in Germany since the same period last year, which has mainly been driven by an increase in demand from Asia.
The facility was developed by German company J. v. G. Thoma and its subsidiary J. v. G. Jaha Energy in Pristina, Kosovo, and will look to supply the growing solar market in the region.
The Italian smart energy company will be taking care of the EPC activities for the project that was awarded under the World Banks Scaling Solar program, which saw record low prices for the sale of electricity generated by solar.
The CFO of the worlds largest solar PV maker has resigned to pursue other personal interests.
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