Risen Energy: 2015 net income soars
Chinese PV group Risen Energy saw net income skyrocket 382% to CNY 320 million ($48.9 million) last year while sales rose 78% to CNY 5.26 billion.
Trina posts 29% boost in 2015 net profit
The leading PV manufacturer achieved record results on both a sequential and year-over-year basis last year. In the fourth quarter the comapny’s module shipments hit an all-time high of 1.78 GW.
Report: Large-scale renewable energy projects more cost efficient than DG
Large-scale renewable energy projects remain more cost efficient compared to decentralized alternatives, according to a new report by Norwegian certification group DNV GL.
Australia's largest crystalline solar farm commences generation
The 56 MW Moree Solar Farm has begun feeding electricity into Australia’s National Electricity Market network. Spain’s Fotowatio Renewable Ventures (FRV) developed and constructed the project, which deploys single axis tracking.
HopSol taps First Solar for Namibia's largest PV project
First Solar will supply its cadmium telluride (CdTe) modules to what will be Namibia’s largest PV power plant. At 5 MW, the Otjozondjupa Solar Park narrowly takes the title from the 4.5 MW Omburu Solar PV Park, which utilizes TSMC CIGS modules and was commissioned in May 2015.
Jinko ships 1.7 GW in Q4, revenues double YoY
Jinko Solar has registered record Q4 2015 shipments of 1.71 GW, bringing its annual shipment total module shipments to 4.51 GW. Revenues have surged to US$937.7 million for the quarter and $2.8 billion full year (FY), although gross margin declined YoY by 2.1% to 20.3%.
IHS: PV manufacturing margins grew to 22% in 2015
Driven by end-market growth in the U.S., India and China, PV manufacturing margins bounced back to 22% in 2015. IHS released the finding today, noting that improving margins for manufacturers could result in a “wave of capacity expansions.”
Greece adds only 8 MW in 2015; solar remains victim of politics
The Greek governments disastrous economic policy has decimated the solar sector at the moment when fresh hopes had started to emerge in the form of a new net metering regime.
Germany: 83 MW added in January
The weak performance of the German solar market continues, with Federal Network Agency reporting that 83.242 MW of PV was added to the country’s grid in January. Nine new ground mounted PV power plants were registered in the month.
Sun Electric commemorates its first retail of solar electricity in Singapore
Singapore’s Sun Electric has celebrated its first retailing of solar electricity in the island state. It plans to develop up to 20 MW of projects in 2016.
