Leading PV inverter manufacturer SMA Solar Technology has guided 2016 revenue to be flat with the prior year as key global markets continue to be price sensitive, driven by utility-scale PV market sectors.
PV module lamination equipment specialist Bürkle has secured an order from India-based PV module manufacturer and project developer, Emmvee Photovoltaic Power for two of its high-volume multi-opening Ypsator 2022-6 SL laminators.
China-based PV energy provider (PVEP) United Photovoltaics Group has transferred its deal with Hareon Solar to build 930MW of PV power plants to third parties in exchange for recouping its initial deposit and interest and expenses, while dropping its case in an arbitration court.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a new 500MW automated turnkey module line order from Xinneng Solar.
Dutch specialist sun simulator equipment provider Eternal Sun has purchased the PV volume production equipment sun simulator business unit of struggling US-based Spire Corp for US$1.5 million.
‘Silicon Module Super League’ (SMSL) member JinkoSolar has confirmed it has secured a 1GW module supply deal with US-based independent power producer (IPP) sPower.
Single-axis PV tracking systems specialist NEXTracker, recently acquired by contract manufacturer, Flextronics is expanding its local manufacturing footprint to Mexico through facilities owned and operated by its parent company in Mexico, which has a number of production facilities in the country.
Troubled renewables firm SunEdison has continued to come under pressure from hostile investors to change some of its business strategies, remove certain executives and force a sale of the business, as well as further class action law suits being filed against the company.
The executive vice president and chief operating officer (COO) of TerraForm Power, the US-centric yieldco of troubled renewables firm, SunEdsion has left the company, according to an SEC filing.