Centrotherm narrows outlook as customers delay orders
German solar equipment manufacturer says it can no longer sustain its earnings forecast for the year as steep declines in the price of solar cells prompt investors to postpone investments in production equipment.
All Energy 2016: Five key takeaways
A utility scale segment bursting to life, battery storage providers of all sizes moving in amongst the backdrop of a fierce political debate about the role of renewables in a historic blackout: This week’s All Energy trade show and conference was anything but boring.
Meyer Burger secures further sizable equipment orders
The Swiss solar production equipment specialists announced that it has received two orders for its silicon wafer cutting equipment worth CHF 15 million (USD 15.35 million), just a week after the company initiated a major restructuring program.
Construction begins on largest solar rooftop array in the Middle East
The huge 22 MW PV array is being installed by Green Energy Tomorrow on the roofs of various facilities at DP World in Dubai. Once it is completed, it will be the largest solar rooftop system in the region and will support the United Arab Emirates (UAE) drive for increased renewable energy.
Kaco seals 50 MW inverter supply deal in Turkey
The German inverter specialist is to ship 50 MW of its 50 kW three-phase string inverters in two batches to Turkish solar project developer Aldo Grup. The first batch will be shipped by March next year.
sPower raises USD786 million for nine solar projects
This combination of tax equity and debt financing will support 339 MW of solar capacity in Southern California, for a total of USD2.32 per watt.
ADB extends loan for India solar rooftops to $500m
The Asian Development Bank will lead on the extension of the funds, which are to be steered towards developing India’s largely fledgling solar rooftop sector.
UK: Moixa launches affordable home solar+storage kit
The British battery company announces GBP 5,000 package comprising 2 kWh smart battery and 2 kW solar panel bundle for homeowners, landlords and housing associations in the U.K.
REC achieves +20% efficiency for mass production of multicrystalline solar cells
The Norwegian solar developer has developed a formula to mass-produce its multicrystalline cells at average efficiencies of 20.21%, becoming the first known manufacturer to achieve such numbers.
ABB to build solar-powered microgrid at its largest Indian fab
The Swiss-based power electronics company will install a 600 kW rooftop solar array at its production facility in Vadodara, and a PowerStore Battery grid that will manage the plants energy.
