The Israeli power optimizer specialist compensated for a slowdown in the U.S. residential market by increasing its international sales, ending the fiscal year with a 50.7% revenue increase.
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
Russian PV company Hevel LLC has received a patent for its 20.3% efficiency HJT modules. The company is planning to increase its manufacturing capacity and complete 70 MW of PV plants by the end of the year.
The companys PV Module Supplier Scorecard looks at a variety of metrics.
China’s Yingli Green Energy likely surpassed its guidance for PV module shipments in the second quarter, but expects to post a slightly lower gross margin than in the preceding three-month period.
The twin-island state has employed UK-based PV project developer PV Energy Ltd to build both large-scale and rooftop solar arrays across the country, and has now enlisted its help to equip the systems with energy storage units.
The Germany company saw a significant rise in EBIT over the same period from last year, which it puts down to its renewable energies business and its fruit business, while also citing causes for optimism over the second half of the year.
The rise in demand in China for high-purity polysilicon was good news for Daqo New Energy Corporation, which posted huge yearly and sequential rises in its EBITDA and net income for the second quarter of 2016, mainly as a result of rising selling costs coupled with falling production costs.
Greece’s solar PV market has been a roller coaster over the last decade. The new law, approved last week by Greece’s parliament, in support of renewable energies attempts to establish the country’s clean energy sector with some solid foundations.
The only tender in Brazil this year for solar energy will take place on 16 December. 419 PV projects have registered for this large auction.
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