Hanwha Q Cells holds steady in Q3, expects bigger Q4
The Korean manufacturing giant posted a slight drop in revenue and profits for the third quarter ending September 30th, but expects to achieve total module shipments in the range of 5.5 GW to 5.7 GW for the full year 2017.
MYSUN use Solar to fight against Delhi’s pollution
MYSUN will wave off all the processing fees for customers for a limited time. First EMI will also be waived off under the MYSUN-Flexi Pay scheme. Going solar is a proactive way of dealing with air pollution, and making Delhi/NCR clean again.
Mitsubishi Electric completes 2.6 MW floating plant
Mitsubishi Electric and Tokyo-based Sumitomo Mitsui Construction have finished building a 2.6 MW floating solar plant on a pond in western Japan.
REC Group sees strongest third quarter ever
Norway headquartered REC Group has become the latest solar manufacturer to post increased module shipments for the third quarter of 2017, as global demand continues to be buoyed by massive installations in China and a rush for U.S. projects to procure modules.
Shipments and revenues up in strong Q3 for Canadian Solar
Leading module manufacturer Canadian Solar posted revenue of $912 million for the third quarter of 2017, significantly above the figure of $692 million for the previous quarter. The company also saw quarterly shipments rise to 1.87 GW.
Tongwei to invest $1.8bn to build two 10 GW solar cell factories in China
Massive 12 billion yuan ($1.8 billion) investment part of Chinese solar firm’s goal to boost its production capacity to 30 GW and become world’s largest solar manufacturer.
JinkoSolar sets new mono-PERC cell efficiency record
JinkoSolar has achieved yet another efficiency world record, hitting 23.45% with its p-type monocrystalline PERC cell technology. The record has been confirmed by the Chinese Academy of Sciences.
Siemens to equip 140 MW projects in Brazil, Pakistan
The German technology firm has bagged orders for the turnkey electrical equipment and installation of two solar farms in Brazil and Pakistan. In addition, it announced the end of its cooperation with German inverter specialist SMA by the year’s end, and plans to manufacture its own inverters.
Actis look at sale of Ostro Energy to ReNew Power
Ostro Energy acquisition by ReNew Power Ventures may rank among India’s biggest renewable energy deals.
Energy majors, traders and banks unite to create blockchain platform
Some of the world’s largest and most notable energy companies, traders and financial institutions have united to create a blockchain-based digital platform that replaces the current manual tasks in the energy sector with digital contracts.
