Despite running at full-capacity, US-headquartered high-efficiency PV module producer SunPower Corp has lowered its full-year revenue guidance as losses mount and margins compress across its utility, commercial and residential markets.
A pay-to-own solar system will be developed in Zambia by MTN, Africa’s largest telecoms company, in partnership with Fenix International, who is extending ReadyPay Power.
Singapore ended Q1 2017 with 129.8MW of installed solar PV, four times more than the 33.1MW it had at the end of 2014, according to the annual energy report from Singapore’s Energy Market Authority (EMA).
US-headquartered PV manufacturers SunPower and First Solar are expected to collectively sell their stakes in their joint venture yieldco, 8point3 Energy Partners.
Specialist semiconductor and PV equipment supplier Intevac expects to start shipping its largest ever single tool order to a customer in China planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules, including bifacial modules in the second half of 2017.
Major PV inverter manufacturer SMA Solar Technology has raised its full-year revenue guidance range on a 25% increase in its order backlog on strong market demand in all regions served and notably in the Asia-Pacific region (APAC).
Bankrupt German integrated PV module manufacturer SolarWorld AG has announced the resignation of its Management Board, excluding founder and chairman, Dr. Ing. Eh Frank Asbeck.
The US$1.6 billion sale of major US utility-scale solar developer and operator FTP Power LLC (sPower) to AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) has been completed.
