SolarWorld to miss 2016 forecasts
The German PV manufacturer announced that although it is set to achieve its shipment forecast for 2016, it is unlikely to meet its revenue and EBIT forecasts for the year, and has already begun to point the finger at Chinese companies.
ADL and BYD to deliver electric buses to Merseyside
The partnership between the two companies will see a fleet of 12 emission-free buses join bus routes around Liverpool city centre, as clean technology buses see to be becoming more popular across the U.K.
New net metering policy on its way for Jammu and Kashmir in India
The far north Indian state will have a new net metering policy for solar rooftop projects from 1 kW to 500 kW, as the local energy agency continues to build frameworks to help the state achieve its target of 450 MW of rooftop PV by 2022.
SMA lowers financial forecast for 2016
German inverter manufacturer, SMA Solar Technology, has been forced to reduce its financial outlook for 2016, making it the second German solar industry manufacturer to announce forecast reductions today, after SolarWorld made a similar announcement.
GCL New Energy selling USD 14 million of PV equipment to China Finance
The solar PV manufacturing equipment will be sold to China Finance in two separate transactions, and will then be leased back to two separate subsidiaries of the GCL New Energy group, as the company looks to raise capital to reduce its debts and stimulate business development.
8minutenergy announces capital raise to support 5.5 GW PV pipeline
The California-based solar developer is looking to take advantage of a growing U.S. PV market, by raising capital on its near shovel-ready projects, which the company believes have a value in excess of USD 1 billion.
Trina Solar modules installed on 4 MW solar carport system
The large array has been installed at the Airport Weeze in Germany, using Trina Solar’s record-breaking Honey series of modules, which are now feeding the local grid and supplying electricity to the airport.
USD 300 million partnership between SolarCity and Credit Suisse
The Swiss financer has agreed to a new fund with SolarCity to finance USD 300 million in residential solar projects across the U.S., as SolarCity continues to develop influential partnerships ahead of its proposed merger with Tesla.
Oxford PV gets more investment in fresh round of funding
The British perovskite research startup has now attracted GBP 21.3 million (USD 27 million) investment over the last 18 months, which the company is using to bring the commercialization of perovskite PV technology closer to realization.
Trina Solar breaks multicrystalline silicon solar module efficiency record
The Chinese PV manufacturing heavyweight achieved an aperture efficiency record of 19.86%, which is up a significant 0.7% from the previous record of 19.14%, as the trend in the industry is for continuing efficiency improvements across all solar cells and modules.
