Tata Power and Adani top India’s solar developers, ABB is biggest inverter supplier
Extensive research from Mercom Capital has found that up until the end of 2016 Tata Power was the largest operator of utility-scale solar in India with almost 10% of the market, while Swiss company ABB has the largest market share of the PV inverters in the country, although the Chinese manufacturers are expected to make a surge soon.
Comtec Solar forecasts 2016 loss, signs development deal
The Shanghai-based integrated solar specialist said it expects to record a “substantial” net loss for the year to the end of December.
New Energy Solutions to construct 120 MW of solar PV in Iran
Swiss company New Energy Solutions will begin construction of four solar farms in Iran in March, with a combined capacity of 120 MW, as Iran remains solar’s ultimate unknown quantity.
Neo Solar Power’s December revenue spikes by 30%
The Taiwanese PV manufacturer recorded revenue of NT$1.166 billion ($36.8 million) in the final month of 2016, up 29.81% from November.
Mercom: Total solar corporate funding falls 64% in 2016
It was not a pretty year for solar finance, but some sectors remained unscathed.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
Suntech announces 20% efficiency for mass-production multi-PERC cell
Chinese module manufacturer Suntech announced that it has increased the efficiency for its mass production multicrystalline PERC cells to 20%, transferring its recent laboratory success to the production line.
Indian firms request more time to install rooftop plants
With India’s rooftop market set to boom in 2017, the Faridabad Industries Association (FIA), which represents businesses in the Faridabad region of India, has requested an extension to the December 31st 2016 deadline to install rooftop solar on commercial and industrial units.
Natcore Technology approved for 200 MW of PV in Vietnam
The U.S. heterojunction PV cell specialist has secured initial approval to oversee construction of 200 MW of solar capacity in Binh Thuan province.
Comtec Solar to build smart energy EV charging facilities in China
Chinese integrated solar company Comtec Solar Systems Group will further diversify its business with a new venture into smart energy charging facilities for electric vehicles (EVs) in Luoyang, China, as it continues to make strides into downstream operations.
