A year-over-year doubling in revenues in the company’s PV equipment division still leaves EES far below volumes in 2010 and 2011. The division returned to profitability in the previous quarter.
NPD Solarbuzz figures find that 90% of U.K. capacity was installed in the past three years. FIT-driven, small-scale systems account for 42% of all installation capacity.
Bloomberg New Energy Finance has presented a new report which finds that investments in solar slumped in the region in the first half of 2014, after booming in 2012 and 2013. However, the company notes strong drivers and policy momentum in both markets, and expects rapid growth across the region.
A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.
While First Solar has been the single largest module supplier for the Indian market, with the 45 MW-AC project at two sites in the new state of Telangana the company is moving into project development in the nation as well.
While the leading German inverter maker is expanding its O&M services in Europe and North America, Phoenix Solar has lowered its revenue and operating profit forecast for the year.
Elon Musk’s pioneering electric vehicle company hopes that the factory will advance the mass market production of cost-effective lithium-ion batteries.
While revenues and margins fell in the second quarter, SunPower is still producing modules at full capacity with expansions planned, and is holding more of the solar projects which it builds to retain additional long-term revenue.
The Indian state issues a request for proposal, calling for interested bidders to submit their offers for a share of the 300 MW of PV capacity.
Brazil’s October 31st reserve auction will for the first time include a separate solar-only category. However GTM Research warns that many hurdles must be overcome before any projects awarded get built.
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