In this week's Movers & Shakers, PV Tech reports some recent industry mergers and acquisitions, dramatic UK solar job losses and an equally dramatic opportunity for job growth in the US with Tesla's new Gigafactory in Nevada.
Integrated PV module manufacturer SolarWorld has reported flat revenue and shipments for the second quarter of 2016, compared with the previous quarter.
New research predicts the energy storage market in Germany will increase 11-fold in the next five years, with the residential market buoyed by declining feed-in tariffs, high electricity prices and €30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in June, clearly demonstrate a significant slowdown in recent months.
China-based major EPC firm TBEA Sunoasis has signed a memorandum of understanding (MOU) with two Egyptian government agencies to build two 500MW PV power plants in the country.
Independent power producer (IPP) Sonnedix has reached commercial operation on an 86MW solar PV plant in South Africa, after only 17 months of construction.
Nevada’s largest utility, NV Energy, made a filing yesterday with the Nevada Public Utilities Commission to return existing rooftop solar consumers to the previous, more favourable rates for the next 20 years.
Australia’s newly appointed energy minister Josh Frydenburg has said the extreme fluctuations in South Australia’s electricity tariffs should be blamed on a number of factors not just renewables, in a filmed interview with Australian news outlet ABC.
Major polysilicon producer Wacker Chemie reported flat second quarter polysilicon sales, despite stronger demand and higher average selling prices (ASPs) as inventory depletion limited shipments.
