Leading PV microinverter supplier Enphase Energy reported second quarter 2018 earnings that indicated the path back to sustained profitability was in sight, despite a number of market issues, such as trade barriers and continued electronic component shortages.
In response to Massachusetts Legislature passing a bill raising the state’s renewable energy standard and another encouraging clean energy and energy storage use during peak hours, solar and energy storage trade groups SEIA and ESA offered contrasting views.
Single-axis solar tracker firm Soltec has secured a 2MW order for its SF7 bifacial tracker system from EPC firm El-Mor Renewable Energies, believed to be the first utility-scale bifacial project in Israel.
Japanese investment bank Daiwa Securities Group has established Daiwa GI Green Fund LLC – also known as the ‘Solar Fund’ – jointly with GI Capital Management and Daiwa Real Estate Asset Management in order to make greenfield investments in mega- and large-scale solar projects in Japan.
Silicon Module Super League (SMSL) member Trina Solar will provide 258MW of its monocrystalline PERC double glass modules to one of the largest private solar PV projects in Vietnam and what is claimed to be the first wind and solar hybrid plant in the country.
EDF Renewables North America has signed off on two Purchase and Sale Agreements (PSA) that will see PGGM Infrastructure Fund acquire a 50% ownership interest in both Glacier’s Edge Wind and Valentine Solar.
Tesla stopped the steep declines in residential solar installations in the second quarter of 2018, reporting deployments of 84MW, up from a low-point of 76MW in the previous quarter, an 11% increase.
China-based PV project developer GCL New Energy (GCL-NE), a subsidiary of leading clean energy conglomerate GCL Group announced that it had purchased PV modules from both Wuxi Suntech and Hanwha Q CELLS in order to meet Chinese FIT construction deadlines, instead of typically using sister company GCL System Integration’s (GCL-SI) PV modules.
