SMA earnings to Q3 grow strongly despite global inverter price pressures
The German solar inverter specialist reports 3.2% year-on-year sales increase to the end of Q3, while operating earnings increase considerably against same period last year. CEO warns of unknowns of Trump presidency, and rails against Chinese tactics.
Largest PV plant in Turkey connected to the grid
The 9.1 MWh plant was a joint venture by Asunim and Pheonix Solar for Akfen Renewable Energies, and is not only now the largest PV plant in Turkey, but is the first fully licensed plant outside of the 1 MW limits.
SolarEdge returns to revenue growth in Q1 FY 2017
The Israeli power electronics company posts revenue for the quarter ended September 30 of $128.5 million, which is both a sequential and year-on-year growth, while operating income reaches $18.2 million.
SolarCity again uneven in Q3 as loans and system sales make their mark
Representing 23% of gross residential megawatts booked in the third quarter, SolarCity loan and cash sales helped drive a 76% revenue increase year-over-year as company exceeds 300,000 solar customers.
Holland: 2.5 GW of PV applications for autumn SDE+ round
Almost 2.5 GW of solar projects have been submitted to the Netherland’s autumn SDE+ tender round. The SDE+ autumn round has a budget of €5 billion available to renewable energy projects, with the Dutch Ministry of Economic Affairs announcing last week that 2.439 GW of solar projects, worth €11.5 billion, had applied for the SDE+ subsidy in the latest tender round.
Phoenix Solar posts solid quarterly results with growth in revenues and EBIT
The German EPC contractor for solar developments has announced solid financial results for the third quarter of the year, with yearly growth in revenues, EBIT and gross margin, which the company puts down to its presence in growing markets around the world, as well sensible prices and supply chain initiatives.
Breaking: Bad news for US solar as Donald Trump becomes President-elect
The results of the 2016 U.S. Presidential and Senate Elections are a worst-case scenario for the U.S. solar industry, and no federal support is safe.
India: SECI tender set to drive solar tariffs to record low of 6 US cents/kWh
The latest 750 MW solar tender by the Solar Corporation of India (SECI) is likely to see tariffs dip below INR 4/kWh for the first time ever, with desire growing to see further fall in rates.
US election: solar, renewable and climate advocates cool on Trump win
While those within the U.S. are understandably nervy after Trump’s victory, global observers have taken a more sanguine view on the potential impact of his Presidency on solar markets.
UK: solar still being blocked in next CFD auction
The second Contracts for Difference auction for renewables has been announced for April 2017, chief focus of GBP 290 million funding pot to be less established technologies as solar once more misses out.
