Commercial PV is a profitable business in Sweden, study
The study by the Swedish energy agency Energimyndigheten reveals that several companies in the Scandinavian country find PV a profitable solution, even without any sort of incentive.
Midsummer picks up new thin-film equipment orders
The Swedish PV equipment supplier has received an order for two of its DUO thin-film cell manufacturing lines. Midsummer has not named the company which placed the order, but states that it is a repeat order from an existing customer.
Sol Voltaics secures Europe’s largest solar funding round since 2015
The Sweden-headquartered PV technology pioneer has raised a record $21.3 million in financing to bring its new SolFilm thin-film technology to the market.
Port of Stockholm resumes commitment to solar energy as Sweden’s solar tax is canceled
Another commercial rootop PV system will be connected at a port’s facility on July 1, the same day in which the cancelation of the solar tax for commercial PV will be removed.
Sweden’s Trine raises $6 million in funding round for solar projects
The crowd-investment platform for profitable solar energy projects will use the funds to expand operations in in East Africa and Europe.
Sol Voltaics moves toward commercialization for GaAs film solution
Swedish materials company Sol Voltaics announced that it has successfully produced gallium arsenide (GaAs) nanowires, bringing its efficiency boosting film a step closer to commercialization.
Swedish Parliament approves cancellation of solar tax
The tax was applied to PV installations for self-consumption with a capacity of over 255 kW. The move is expected to revive Sweden’s solar market after the disappointing performance (due to the tax) registered last year.
Midsummer sees profit increase for FY 2016
Financial results for 2016 posted by the Swedish thin film equipment supplier show that revenues almost doubled to SEK 60 million ($6.8 million) for the full year. Midsummer also saw a significant profit increase to SEK 10 million ($1.1 million).
Swedish Energy Agency pushes for more residential PV
The Swedish agency has launched an initiative to spread awareness on the advantages of PV among homeowners.
Sweden’s Infranode invests $11.3 million in distributed solar energy
The Swedish investment firm is also ready to commit a further $56.7 million to solar and geothermal heat pump energy assets.
