Positive impact of Turkish factory reflected in higher shipments and increased revenue, which reached $341 million for the year.
Chinese company CNPV Solar Power SA is reportedly looking to invest $270 million in a solar cell and module production plant in South Korea.
The yieldco vehicle of First Solar and SunPower is expected to raise around US$420 million in its upcoming IPO, which is set to value the company at up to $1.49 billion. It has also secured $525 million in credit facilities.
Indian solar manufacturing industry coming of age says CEO, and no longer looks to China for guidance. First Solar outlines O&M ambition.
According to the PV Market Alliance, 50 GW of solar PV will be installed globally this year. China, Japan and the U.S. will drive growth, while markets in Europe are expected to stabilize.
In more positive news for the company, Sonnenbatterie GmbH has opened an R&D facility in Georgia. Research will focus on next generation smart energy storage devices.
The e-commerce giant to invest approximately $150 million in development as it looks to increase its renewable footprint following criticism from Greenpeace.
In a new report, Roland Berger Strategy Consultants predict solar PV could account for 12% of Europes total electricity production by 2030. It further looks at the challenges and opportunities decentralization is presenting utilities, including regulation.
Evolution of show reflects changing landscape of Germany’s and Europe’s solar industry, with storage technology brought to the fore.
Technology giants, Siemens and SMA Solar Technology have announced that they are to work together to make products for large and decentralized PV power plants.
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