Swiss supplier ABB has provided its PVS800 central inverters to Turkey’s largest solar power plant, the 51 MW Kayseri OSB project in Central Turkey.
The government of the Brazilian state of Goiás has implemented a measure suggested by Brazil’s central government.
The inverter maker has significantly revised up its guidance after a strong start to 2017. The company said it had received several orders from the Middle East, Turkey and India.
All the creditors will have to provide a restructuring contribution in order to ensure the survival of the company. Once the insolvency plan is approved, the related insolvency proceedings will be closed.
Last year, the German inverter maker achieved record shipments, despite a decline in turnover. The company expects further price pressure in 2017.
Hanwha Q Cells, Enphase Energy, Solarwatt and EDF are among the big names grabbing the headlines in a week where new product launches and new GW-scale tender details were revealed.
The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
Growth in distributed renewable power generation is sparking raft of regulatory requirements that benefit module level power electronics, says a Frost & Sullivan report.
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
The German firm signs framework agreement with DNE Solar for the delivery of 300 MW of string inverters to be installed across South Korea.
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