Key manufacturing and R&D assets of bankrupt German integrated PV module manufacturer SolarWorld AG have been acquired by its former founder and chairman, Dr. Ing. Eh Frank Asbeck.
US residential solar PV and energy storage installer Sunrun said it reached the milestone of 1GW of cumulative solar installations in the second quarter of 2017, after 10 years of business operations.
Nanoelectronics research centre imec has taken a perovskite/silicon tandem mini-module-on-cell stack to a record 23.9% conversion efficiency, significantly exceeding its 20.2% efficiency figures reported in 2016.
The first floating solar (FPV) power plant in Turkey was officially operational on August 4, 2017 as part of a testing phase that could lead to a significant number of systems installed by the Istanbul Metropolitan Municipality on reservoirs, lakes and dams.
Leading solar PV inverter supplier Huawei said it had won the supply bid for Malaysia's first 50MW(AC) utility-scale PV plant project based on its ability to provide smart solutions to the projects challenging location and environmental conditions.
Leading European PV tracker supplier Convert S.p.A has secured a major 220MW order to supply its single-axis ‘TRJ’ tracking solution for two PV power plants being built in Brazil.
Specialist solar PV equipment supplier centrotherm has warned that it is unlikely to be profitable in 2017, due to the loss of an arbitration case against a cancelled €290 million integrated (wafer/cell/module) plant in Algeria.
BayWa r.e. the renewable energies business unit of diversified German company BayWa has significantly increased revenue in the first half of 2017, having developed and sold PV power plants and increased sales of PV modules and inverters by around 50%, compared to the prior year period.
PV inverter manufacturer SolarEdge Technologies has reported another quarter of record revenue and shipments on strong demand from key markets such as the US and Europe. The company also guided revenue much higher for the third quarter of 2017.
Having just completed its first ‘Solar Roof’ tile system installations in the US, Tesla said in reporting second quarter 2017 financial results that production of the roofing tiles would not enter mass production at its Gigafactory 2 in Buffalo, New York until the end of 2017.
