First Solar and Belectric have started construction of one of the UK’s largest solar farms, a 46MW project in Oxfordshire that will bring large-scale PV capacity deployed by the pair in the UK up to 80MW when completed.
First Solar reported third quarter net sales of US$889 million, an increase of US$345 million from the second quarter of 2014. However, project delays would result in full-year revenue guidance lowered by US$100 million to a range of US$3.6 billion to US$3.9 billion.
Canadian Solar has revealed that it has also been a major winner in the recent reverse auction in Brazil for PV, securing 114MW of projects with local PV developer, Solatio in the state in Minas Gerais.
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.
