Federal energy regulator accused of ‘overreach’ after maintaining provision that may force solar, storage and others to offer minimum prices when competing at state’s capacity market.
Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
‘Solar Module Super League’ (SMSL) member First Solar has forecasted net sales for 2020 to be in the range of US$2.7 billion to US$2.9 billion, compared to reporting 2019 sales of US$3,063 billion.
Tampa Electric, one of Florida’s largest investor-owned electric utilities, has launched a significant expansion of solar power that will see the company invest approximately US$800 million to add another 600MW of solar power by the end of 2023.
New census figures from the Solar Foundation show that US solar industry grew by 5,600 jobs last year, reaching nearly a quarter of a million positions across the nation.
North American PV module manufacturer, Silfab Solar is investing around US$4 million to boost production at its assembly plant in Washington State that could lead to extra jobs.
