Meyer Burger resists rebel shareholder at EGM
The Swiss solar equipment supplier today fought off an attempt by its largest single shareholder to have a representative appointed to its board and to have its executive pay regime reviewed. Victory in that battle may secure the company some wiggle room, but the war over corporate strategy appears far from over.
Meyer Burger abandons plan to relocate operations to China
The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
U.S. trade authorities to investigate Jinko, LONGi, REC cells
The ITC will look at cells made by LONGi, JinkoSolar and REC Group, based on claims by Hanwha Q Cells that the companies have infringed on its PERC technology.
Ciel et Terre starts building 2.5 MW of floating PV in Japan
Ciel et Terre has started installing a 2.55 MW floating solar array in central Japan.
REC Solar module shipments for 2016 exceed 1.2 GW
The Norwegian solar manufacturer saw its module shipments increase 9% year-on-year to 1,266 GW in 2016. A strong fourth quarter was the main driver for this performance. Americas accounted for about 53% of the company’s shipments last year, while in the EMEA and APAC markets REC Solar sold 32% and 15% of its products, respectively.
