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Industry & Suppliers

The pv magazine weekly news digest

A week shaped by the shadow of Brexit and the aftermath of a successful Intersolar Europe exhibition still managed to write headlines unconnected to the two.

Inside Ingeteam's acquisition of Bonfiglioli's solar business

Last week Spanish inverter specialist Ingeteam purchased the solar division of Italian central inverter developer Bonfiglioi in a move that demonstrated the opportunities that still exist in Europe’s solar market.

World Bank pledges $1bn for India's solar target

Following discussions between Indian Prime Minister Narendra Modi and World Bank chief Jim Yong Kim, record loan of $1 billion agreed to help fund India’s bold aim to install 100 GW of solar by 2020.

UK clean energy groups welcome post-Brexit carbon budget adoption, but solar questions remain

Amid the ashes of the U.K.’s post-Brexit political landscape comes the reassurance that the government will adopt the fifth carbon budget, but solar sights appear to have been lowered once more.

Sunrun increases rooftop solar credit facility to $245m

The U.S. residential solar company has secured an additional $40 million in working capital from investors to support the expansion of its rooftop solar projects, especially the New York market.

ABB to close Phoenix inverter fab, move jobs to Estonia and Italy

The Swiss power electronics firm will end manufacturing operations at the U.S. site, shifting an undisclosed number of jobs to Estonia and Italy later this year. Some sales and service staff will be retained in Phoenix.

SunEdison appoints new CFO as incumbent departs after just two months

The troubled and bankrupt renewable energy firm announces the appointment of Philip Gund as its new chief financial officer a week after CEO Ahmad Chatila resigned.

SunPower, First Solar and SunEdison cornered 44% of North American O&M market in 2015: IHS

Analysis by IHS reveals how the three solar firms captured almost half of the operations and maintenance market last year, which grew to more than $300 million.

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Masdar and EDF pin hopes on new record low tariff for 350 MW Abu Dhabi solar plant

Days after the Abu Dhabi-based clean energy developer won a tender to develop 800 MW of solar in Dubai, the company has teamed with France’s EDF to bid for a 350 MW plant in Abu Dhabi.

Dow Elastomers expects rise in demand for new encapsulant materials

Video: Michael Shoemaker, Global Strategic Marketing Manager for The Dow Chemical Company, talks encapsulants with pv magazine’s Ian Clover, highlighting what technological advancements Dow Elastomers is bringing to the market.

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