The aggregate volume of electricity generated by the Hong Kong-listed group’s solar plants reached 342.8 GWh in the final three months of 2016, up from 254.9 GWh a year earlier.
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
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.
The Shanghai-based integrated solar specialist said it expects to record a “substantial” net loss for the year to the end of December.
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.
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.
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.
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and the lithium-ion battery value chain.
The Chinese inverter manufacturer will supply its central inverters to Blue Capital Management’s 200 MW solar PV installation in Japan, as it continues to expand its reach outside of the domestic Chinese market.
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