Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) set new record revenue, profitability and product shipments levels in 2019, while continuing growth through the challenging first quarter of 2020, due to the COVID-19 pandemic.
Sungrow is backing a long-term strategy for the Indian solar market, targeting growth in the rooftop segment while lining up more deals with independent power producers in the country.
The slowdown of the global economy in 2020 is ultimately going to impact the guidance and forecasting offered by all PV manufacturers during the first couple of months of the year, prior to the effects of COVID-19.
PV industry continues to take increased share of current generation despite power demand falling across the globe due to COVID-19, Simon Brown of global consultancy RINA tells PV Tech.
European renewables investor The Renewable Investment Group (TRIG) has warned of a “material impact” from COVID-19 on its power price forecasts, contributing towards a cut to the group’s net asset value (NAV).
The PV inverter rooftop solar market in India was dominated by three China-based manufacturers last year, led by Growatt, according to JMK Research & Analytics.
Group rolls out COVID-19 precautions as it starts building 126MW trio in Ciudad Real and expects to break ground on 264MW PV project in Extremadura in ‘coming weeks’.
Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.
Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.
US-based independent power producer (IPP) sPower has closed a US$350 million tax equity commitment from banking giant Wells Fargo to support its Spotsylvania Solar Energy Center project.
