L&T Construction, the power transmission and distribution arm of Indian multinational Larsen & Toubro, has won contracts for the EPC of 115MW of solar power projects in southern India.
Production has begun on Saudi Arabia’s first locally-made solar inverters through a partnership between KACO and local company Advanced Electronics Company (AEC).
German-headquartered PV manufacturer SolarWorld will launch a 72-cell bifacial solar panel at this week’s Solar Power International trade show in California.
Developments in balance-of-system technologies are set to play a lead role in pushing global installed PV system costs down 40% by 2020, a report by GTM Research claims.
SolarEdge is hoping that new processing technology in its latest range of inverters will “revolutionise” inverter design in the same way that flat screen technology superseded old-fashioned cathode ray TVs.
OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.
Until clean energy is properly valued in the US, legislation-based storage procurement mandates and solar incentives such as the ITC will remain necessary to support low-carbon technologies like solar and solar-plus-storage, a prominent energy storage industry figure has said.
Enphase Energy (Enphase) CEO Paul Nahi said the company has enjoyed “strong demand” for its solar energy systems in the US, Australia and Europe, resulting in record shipments of 195MW for the second quarter of this year.
US power optimiser supplier Ampt is raising up to US$25 million to ramp up its production, sales and product innovation, with its optimisers aimed at the commercial and utility-scale PV plant markets.
