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.
REC Group places equipment order with Aurora Solar Tech
Aurora Solar Technologies today announced that it has received an order from Norway headquartered vertically integrated PV manufacturer REC Group for its inline cell measurement equipment. The order is expected to ship in January 2018.
Scatec Solar issues $92 million in green bonds
Norwegian based project developer Scatec Solar has announced the successful placement of NOK 750 million ($92 million) in unsecured green bonds.
REC Silicon sees 38% sales increase in Q3
Leading polysilicon producer REC Silicon posted revenue of $75.5 million in the third quarter – 23% above the previous quarter. REC saw a 38.2% increase in sales volume, despite polysilicon production for the quarter coming in slightly below guidance.
Scatec reports strong revenue and profit growth
Most of the large revenue increase is due to construction revenues in Honduras and Malaysia and to project development margin on a transaction that the company closed with Norwegian oil producer Statoil in Brazil.
Sweden’s electricity certificate system sees share of solar increase
According to provisional figures, the amount of PV capacity operating in the Norwegian-Swedish electricity certificate market, mostly located in Sweden, has almost doubled in 2016.
Scatec Solar’s revenue rise in Q2 on growing power production business
The Norwegian developer had a project backlog of 1,143 MW and a project pipeline of 745 MW at the end of the second quarter.
REC Silicon’s polysilicon sales rise 18% sequentially in Q2, net loss increases
The Norwegian polysilicon producer saw its revenue drop slightly Y-o-Y to $61.0 million in the latest quarter. Average solar grade polysilicon prices, on the other hand, dropped by 6.9% from the previous quarter.
Norwegian researchers develop new solar panel cleaning robot
The new robot may make manual cleaning of large-scale solar PV plants a thing of the past.
Scatec Solar sees turnover and profits grow in first quarter 2017
The Norwegian PV project developer and independent power producer had 322 MW of operational PV plants at the end of the latest quarter, while its project pipeline had reached 745 MW.
