The Lithuanian PV manufacturer Solitek is planning to double its production capacity for cells and glass-glass modules over the next two years. The company is aiming to achieve a bigger market share and compete on a global scale.
In its annual report for 2015 the French oil giant Total reveals the growing contribution of PV production in companys income and pledges further support for clean energy sector in the upcoming years.
German polysilicon and PV production equipment supplier centrotherm has recorded 2015 earnings of 19 million (US$21.5 million). The result exceeded predictions due to one-off effects.
The seventh edition of the International Roadmap for Photovoltaics (ITRPV) has confirmed that PV producers are continuing to track the historic solar learning curve of 21%. A range of wafer, cell and module production technologies will see multicrystalline PV modules being produced by 2026 with an efficiency of 310 W, in a 60-cell configuration.
The Japanese manufacturer has provided limited details about its plans for inverter production at its existing factory in São Paulo.
The Solar Show Africa 2016 opened with much interest in Johannesburg yesterday, with exhibitors and visitors engaging in a wide range of discussions on available solutions and measures to drive South Africa and other African markets forward in PV installations.
Joint year-in-review report conducted by SEIA and GTM Research finds residential system prices fell to $3.50 per watt last year, but largest price declines recorded in utility fixed-tilt sector, where costs hit a low of $1.33/W.
The U.S. clean energy developer misses March 15 due date for its 2015 financial report, citing material weaknesses in its internal controls for financial reporting, namely “deficient IT controls” associated with the firm’s new systems.
Having feared a VAT increase from 5% to 20% for solar panels, todays budget announcement made no mention of such a rise, prompting cautious optimism from the STA. Clean energy policy uncertainty remains damaging, others argue.
Despite increasing fourth quarter MW bookings by 56% and installations by 23%, total loss from operations for the year rose to $231.1 million, with Q4 losses also spiking to $55.7 million.
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