SMA reports weak financials, lowers 2024 outlook
German inverter maker SMA says it has recorded €1.06 billion ($1.12 billion) of revenue for the first nine months of 2024.
Custom-colored modules increase social acceptance of building-integrated photovoltaics
A study by the University of Freiburg and the Fraunhofer Institute for Solar Energy Systems finds that deploying color-matching solar modules on a building’s roof or facade further increases social acceptance of building-integrated photovoltaics (BIPV).
German financial regulator to audit Baywa’s 2023 annual report
The German Financial Supervisory Authority (BaFin) has announced an audit of BayWa AG’s 2023 annual report, citing specific evidence of potential accounting inaccuracies. For the first nine months of this year, BayWa’s records indicate €16 billion ($16.9 billion) in sales and a €77.6 million loss in earnings before interest and taxes (EBIT).
‘Typhoon-resistant’ offshore PV project nears completion in China
China Three Gorges Corp. has nearly completed a 180 MW offshore solar plant, designed for typhoon resistance, off the coast of China.
Tata Power unit commissions 126 MW of floating solar in India
Tata Power Renewable Energy has completed a 126 MW floating PV array in Omkareshwar, India. The installation features 213,460 bifacial glass-to-glass modules.
European electricity prices continue to rise
AleaSoft Energy Forecasting says weekly average electricity prices were above €110 ($116.05)/MWh in all major electricity markets last week, bar the Nordic market. The increase came as most analyzed markets reached their highest hourly price recorded so far this year.
France allocates 948.3 MW in ground-mounted PV tender
The French government has awarded 120 projects at an average price of €0.07928 ($0.0355)/kWh in its latest ground-mounted PV tender.
Solar stocks plummet, market is ‘wildly emotional’ about Trump
Solar stocks have fallen since Donald Trump’s election, but Sunnova CEO John Berger says the market is misjudging the strength of the industry under the new administration.
Cape Verde runs tender for 10 MW of solar
Cape Verde’s Ministry of Industry, Commerce and Energy of Cape Verde is seeking expressions of interest from engineering, procurement and construction (EPC) companies to develop 10 MW of solar on the country’s largest island. The deadline for applications is Nov. 28.
JinkoSolar’s new Tiger Neo III showcases advances in TOPCon technology
Dany Qian, Global Vice President of JinkoSolar, says the latest Tiger Neo III module, featuring TOPCon technology, achieves 24.8% efficiency. Production of the new module for leading customers is expected to commence in the second half of 2025.
