Smart Solar begins building 34.5 MW in Japan
Smart Solar has started constructing a 34.45 MW solar project in southwestern Japan, as part of a broader JPY 12 billion ($109.8 million) plan that could expand to a total of 54 MW of PV capacity.
Hitachi, Itochu, NEDO switch on PV microgrid pilot in India
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has started operating a microgrid powered by a 1 MW solar array in western India.
Sparx posts $4 million profit in Q1
Japanese asset manager Sparx has reported a profit attributable to owners of the company of ¥460 million ($4.15 million) in the first quarter of the current fiscal year, as it connected roughly 20 MW of new PV capacity to the grid.
Panasonic’s Q1 profit widens to $445 million
Panasonic reported a net profit attributable to shareholders of ¥48.8 billion ($445.1 million) in the first quarter of the current fiscal year — up sharply from ¥29.2 billion a year earlier — despite a decline in sales of its solar panels.
Toshiba narrows PV loss as group struggles to survive
Toshiba has reported a group net loss of JPY 965.7 billion ($8.8 billion) for fiscal 2016, as its energy systems and solutions business — which which builds solar, wind, geothermal and hydropower projects, in addition to battery-based energy storage systems and smart meters — posted an operating loss of JPY 41.7 billion in the 12 months to the end of March 2017, marking a significant improvement from the preceding fiscal year.
Solar Frontier reports stable demand in H1 of fiscal 2017
The Japanese CIS module maker said it is now focusing on the domestic market, as its overseas business is facing tough competition.
Smart Solar begins building 34 MW in northern Japan
Smart Solar has started installing 34 MW of solar on the Japanese island of Hokkaido. The project will include 14.4 MWh of lithium-ion storage capacity.
JRE finishes 22 MW in northern Japan
Japan Renewable Energy (JRE) has completed a 22.09 MW solar array in Japan’s Tohoku region.
Goldman Sachs, Tennenbaum buy Conergy’s Asia business
A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.
NPC Incorporated posts 346% revenue growth in first nine months of fiscal year ending 8/2017
The Japanese equipment provider also reported a profit of JPY 446 million ($4.0 million) for the first three quarters of the current fiscal year.
