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The pv magazine weekly news digest
Trump up the volume: there was no escaping The Donald this week as the U.S. presidential election rocked the world, and with it, the solar sector. Other stuff happened too. Promise.
SMA earnings to Q3 grow strongly despite global inverter price pressures
The German solar inverter specialist reports 3.2% year-on-year sales increase to the end of Q3, while operating earnings increase considerably against same period last year. CEO warns of unknowns of Trump presidency, and rails against Chinese tactics.
SolarEdge returns to revenue growth in Q1 FY 2017
The Israeli power electronics company posts revenue for the quarter ended September 30 of $128.5 million, which is both a sequential and year-on-year growth, while operating income reaches $18.2 million.
SolarCity again uneven in Q3 as loans and system sales make their mark
Representing 23% of gross residential megawatts booked in the third quarter, SolarCity loan and cash sales helped drive a 76% revenue increase year-over-year as company exceeds 300,000 solar customers.
Phoenix Solar posts solid quarterly results with growth in revenues and EBIT
The German EPC contractor for solar developments has announced solid financial results for the third quarter of the year, with yearly growth in revenues, EBIT and gross margin, which the company puts down to its presence in growing markets around the world, as well sensible prices and supply chain initiatives.
Breaking: Bad news for US solar as Donald Trump becomes President-elect
The results of the 2016 U.S. Presidential and Senate Elections are a worst-case scenario for the U.S. solar industry, and no federal support is safe.
India: SECI tender set to drive solar tariffs to record low of 6 US cents/kWh
The latest 750 MW solar tender by the Solar Corporation of India (SECI) is likely to see tariffs dip below INR 4/kWh for the first time ever, with desire growing to see further fall in rates.
US election: solar, renewable and climate advocates cool on Trump win
While those within the U.S. are understandably nervy after Trump’s victory, global observers have taken a more sanguine view on the potential impact of his Presidency on solar markets.
COP22 host Morocco invests $118m in solar green bonds
Moroccan Agency for Solar Energy (Masen) leads way with 1.15 billion dirham bond for three projects that will form part of the 170 MW Noor PV 1 solar project.
Adani completes 100 MW Punjab solar farm in India
The installation is the largest solar plant in India to use tracker technology and was commissioned six months ahead of schedule, Adani Group confirmed.
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