Profits rise again for Hanwha Q Cells in second quarter
With revenue and gross profit up on Q1, the South Korean vertically integrated solar company continues strengthening its financial position, reducing its debt-to-equity ratio by 80%.
EDF to acquire 80% stake in Brazilian solar farm
Canadian solar has announced the sale of an 80% in a 92.5 MW project located in Brazil. The stake is to be acquired by EDF Energies Nouvelles, representing the third deal in a row between the two energy giants.
Brazilian state of São Paolo facilitates environmental licensing for solar
The new rules will apply to large-scale projects as well as to residential and commercial PV.
JinkoSolar supplies modules to 35.46 MW solar project in Mexico
The Chinese vertically integrated solar company signed a supply deal with Gransolar to ship its high efficiency modules to Chihuahua State. The PV plant was commissioned in April.
Centrotherm achieves slightly better results
The German PV equipment supplier reports a stronger order intake for the first half of this year. Turnover, however, was lower than last year.
Heraeus launches appeal against Taiwanese IP court decision
German silver paste manufacturer Heraeus announced that it has appealed the decision of Taiwanese regional intellectual property (IP) court, following its July 7th decision that Giga Solar does not infringe on its patent.
SMA’s results impacted by price fall
The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down compared to a year earlier. The company, however, has raised its outlook for 2017.
Albania sets tariff of €100/MWh for PV projects up to 2 MW
The regulated tariff, which was previously granted only to small and medium hydro- power plants, was extended to PV up to 2 MW and wind projects not exceeding 3 MW in size.
Acwa Power secures PPAs for 165.5 MW of solar in Egypt
The Saudi Arabian power group will build three solar plants at the Benban solar complex, where most of the projects developed under Egypt’s FIT scheme are being constructed.
Australian EPCs face survival of the fittest
As competition increases, some players are likely to exit Australia’s EPC market despite a surge in projects entering the pipeline, finds SERA.
