Integrated PV module manufacturer SolarWorld has withdrawn full-year 2016 revenue and EBIT guidance, citing Chinese competitors dumping product on the market at low prices as a result of weak domestic demand after feed-in tariffs declined at the end of June, 2016.
The distribution companies (Discoms) of Rajasthan, which were the highest loss-making in all of India, could be the first to turn around a profit in 2017, according Piyush Goyal, minister of power, coal, new and renewable energy and mines.
BrightSpot has installed its first LoadSpot panel durability testing system at the FSEC, Trina supplies 4MW carport for German airport, Dominion acquires 60MWac solar development in North Carolina from SunEnergy1.
The losses of Indian distribution companies (Discoms) that have joined the government’s major rescue package Ujwal Discom Assurance Yojna (UDAY) could more than halve from their current level by FY2019, according to new research from global analysis firm CRISIL.
This week's Movers & Shakers features some of the US' biggest integrated solar companies, including Vivint Solar, First Solar and Sungevity. PV Tech also reports on management shuffles in Australia and speaks with new SunShot Initiative director Charlie Gay on what is driving US solar's success.
‘Silicon Module Super League’ (SMSL) member Trina Solar has recently pulled out of a deal to have its PV modules assembled in Japan by module assembly equipment supplier and assembly sub-contractor, NPC Group.
Leading PV inverter company Huawei said it had formed a strategic partnership with PV project developer and EPC firm, Strata Solar, which will include the supply of Huawei’s flagship Sun2000 string inverters to planned utility-scale solar power plant projects in North America.
The US Department of Energy (DOE) announced that it will invest US$21.4 million in funding for 17 new projects in order to cut down on the “soft costs” normally found in PV energy — such as installation, permitting and connecting to the grid.
According to the latest analysis by Deutsche Bank and in contrast to market research firms, Bloomberg New Energy Finance (BNEF) and GTM Research the US solar market is expected to grow in 2017, heralding in the last ‘gold rush’ period through 2020.