The U.S. company has won two large contracts to supply 160 MW of its high performance solar modules to PV projects in Turkey, which places it in a strong position to take advantage of a market that is expected to grow dramatically over the coming years.
The Israeli power optimizer specialist compensated for a slowdown in the U.S. residential market by increasing its international sales, ending the fiscal year with a 50.7% revenue increase.
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
China’s Yingli Green Energy likely surpassed its guidance for PV module shipments in the second quarter, but expects to post a slightly lower gross margin than in the preceding three-month period.
The Germany company saw a significant rise in EBIT over the same period from last year, which it puts down to its renewable energies business and its fruit business, while also citing causes for optimism over the second half of the year.
The rise in demand in China for high-purity polysilicon was good news for Daqo New Energy Corporation, which posted huge yearly and sequential rises in its EBITDA and net income for the second quarter of 2016, mainly as a result of rising selling costs coupled with falling production costs.
The only tender in Brazil this year for solar energy will take place on 16 December. 419 PV projects have registered for this large auction.
According to the terms of the 9 billion yen ($88.2m) deal, Toshiba will design and build the project in Kimitsu, Chiba prefecture.
The Russian solar group has been granted to right to build six solar power plants, each with a 15 MW capacity, in Russia’s southern Astrakhan Region, according to a statement from the regional government.
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