Enphase sees losses increase in first quarter
The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
Ukraine’s Lviv region sees 10 MW of solar come online
The solar plant was built by local developer LigAgro under Ukraine’s FIT program at a cost of $10 million.
Kazatomprom’s solar manufacturing units to be privatized
Kazakhstan’s state-owned national atomic energy company announced its three solar manufacturing subsidiaries will be auctioned to the highest bidder in the frame of its privatization plan.
Madagascar wants more off-grid solar for rural areas, preps to host first grid-connected PV plants
Madagascar’s Ministry of Energy and Hydrocarbons is increasing efforts to implement its rural electrification plan for 2015-2020. Meanwhile, the government is also seeking developers for the island’s first MW-sized grid-connected PV projects.
Italian solar fund Tages Helios raises another €55 million
The Italian fund announced the closing of its third financing round. To date, the fund has raised approximately €210 million.
Sierra Leone’s first utility-scale PV project moves forward
The government of the West African country has signed an implementation agreement for a 6 MW solar project in Freetown. The country’s first MW-sized PV plant is being built with the Abu Dhabi Fund for Development (ADFD).
SolarEdge reports strong Q1 with $115 million in revenues
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million
U.S. researchers say solar micro-grids can help military facilities prevent cyber and physical threats
A U.S. research team from the Michigan Technological University is assessing the technical and economic viability of military microgrids run on solar power.
Hungary supports net metering PV projects up to 50 kW with 0% loans
The Hungarian Development Bank started a subsidized loan program for renewable energy and energy efficiency in late April. The €350 million program will run through to 2022.
Manz sets up CIGS joint venture with Chinese partners
The German PV equipment provider will partner with Shanghai Electric Group and Shenhua Group to further develop the CIGS technology. NICE PV Research has already started R&D activities.
