The Israel-headquartered producer of power optimizers and inverters enjoyed a record year in 2017, increasing revenue by 24% to US$607 million and shipping more than 2.5 GW of inverters worldwide.
The U.S. government’s Overseas Private Investment Corporation (OPIC) increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
The German multinational signs memorandum of understanding with Dubai Electricity and Water Authority to build pilot the facility at the vast 1 GW Rashid Al Maktoum Solar Park.
The Ashalim solar park is a 250 MW project that will combine concentrated solar power and photovoltaics once completed. JA Solar is sole supplier of the PV modules.
The solar module maker expects to reach financial close for the project in the third quarter of this year.
The U.S. President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of South Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
The disrupture of the country’s power system, which is being caused by the ongoing civil conflicts, is pushing Yemenis to resort to solar as a primary source of energy. According to preliminary estimates, more than 300 MW of PV power generators were installed in Yemen since the war began in 2015.