Samsung SDI and PV inverter manufacturer, Sungrow Power Supply are to team on building and operating a lithium-ion battery energy storage plant in China and the supply of energy storage systems in the country.
Leading PV microinverter manufacturer, Enphase Energy reported record third quarter results, while guiding fourth quarter could be even better. Shipments reached 170MW (AC), up 81% year-on-year and a total of 760,000 microinverters in the quarter.
Chang Zhou Almaden a major PV glass manufacturer in China is establishing a new manufacturing plant in Dubai to produce 400,000 PV glass substrates per annum.
Japanese electronics firm, Kyocera reported first six months financial results that echoed those of Panasonic and Sharp, which have been impacted by weaker domestic demand for products due to an increase in the consumption tax rate.
Sharp Corporation has reported financial year second quarter net sales up 14.2% but solar PV related sales within its Energy Solutions division were down around 15% in the first six months, compared to the same period a year ago.
REC Silicon is to expand polysilicon production at its Moses Lake facility and silane production at its Butte facility, while restarting Silane I production. The company is also undertaking a feasibility study to establish a 20,000MT joint venture polysilicon plant in Saudi Arabia with IDEA Polysilicon.
French investment firm 123Venture, along with French solar developer Solairedirect, have sold three PV power plants in France with a 19.6MW combined capacity to an unnamed German investor.
