NEXTracker has received certification for compliance with Brazilian domestic content rules for its manufacturing operations, opening access to favourable credit lines for the company.
US designer and builder of single-axis PV trackers, NEXTracker, ranked as the leading supplier of trackers in North America last year, raising its market share by 22% over 2014, according to IHS.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
Italian renewable energy firm Enertronica has acquired a US$7.98 million 6MW PV plant in Namibia, under a 25-year PPA with NamPower, at an initial value of US$1.37kWh.
Single-axis PV tracking systems specialist NEXTracker, acquired by contract manufacturer, Flextronics International (Flex) said it had reached the milestone of shipping a total of 3GW of tracker systems, globally.
SMA’s US$20 million investment in ‘smart module’ maker Tigo Energy could help the string inverter maker to meet much-debated fire safety standards that are likely to be introduced in the US, according to one industry analyst.
Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
First Solar has entered into a framework agreement with a subsidiary of Silicon Ranch, one of the US’ leading solar project developers, to supply 230MW worth of modules for future projects.
Gantner Instruments has launched a new solution for monitoring PV power plants at the string level. The ‘string.bloxx All-in-one’ system recognises design and production errors with high resolution down to the PV module level.
A new technical study that is more detailed and extensive than previously achieved, the US Energy Department's National Renewable Energy Laboratory (NREL) has significantly increased the potential for US building rooftops to generate electricity from solar PV (photovoltaics) systems.
