pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more
SMA grows H1 inverter output to 3.9 GW but announces two fab closures, warns of tough price pressures in 2017
Sales revenue for first six months of the year grows 15.1% to hit EUR 494.1 million, while international share of sales tops 90%. Company announces closure of Denver and Cape Town operations in preparation for tough 2017 price pressure.
Multilateral development banks provide $6 billion for renewable energy in 2015
Latin America and the Caribbean, South Asia and MENA received the bulk of development bank finance for renewable energy projects last year.
BREAKING: NRG applies to acquire 2.1 GW of SunEdison solar and wind projects
The carving up of SunEdisons holdings has formally begun.
SolarCity shows uneven results in Q2 2016
The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
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.
IHS names Trina, SunPower, First Solar, Hanwha and Jinko as industry leaders
The companys PV Module Supplier Scorecard looks at a variety of metrics.
Vivint Solar bounces back in Q2 results
In results for its first full quarter since the failed merger of Vivint Solar and SunEdison, the residential solar installer reports recovery and record low costs.
Significant rise in polysilicon selling price sees Daqo post strong Q2 financials
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.
NRG Yield reports healthy Q2 results
The yieldco of energy company NRG has also announced that it will acquire its parent companys remaining stake in the 250 MW California Valley Solar Ranch (CVSR) plant.
