Leading PV manufacturing equipment supplier Meyer Burger Technology has secured a major order from an unidentified North American start-up for its core Heterojunction (HJT) equipment.
The partnership will allow the regional developer to deploy 100MW of distributed solar annually in the US and expand its reach beyond the south-eastern US.
BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.
Future owners of Lyonsdale plant in New York's Lewis County tell PV Tech talks with solar firms are underway after initial attempt with Cypress Creek did not bear fruit.
The drive by China-based PV panel manufacturers to shift sales overseas after the impact of China's 531 New Deal in 2018 is starting to make a positive impact on companies starting to guide first half year financial results.
The PV industry roadmap - and related metrics of technology and bankability - are now being driven by leading module supplier, JinkoSolar, with others seeking to replicate Jinko’s product line options, trying to differentiate in markets that are receptive to low-cost alternatives, or focusing only on rooftop markets where volumes are lower and sales/distribution efforts are more intensive.
The EU has committed to lending €145 million (US$163 million) and the ICO up to €140 million (US$156 million) to the largest solar project under construction in Europe.
Leading monocrystalline wafer producer, LONGi Green Energy has signed a long-term supply deal with Vietnam-based PV manufacturer Vina Solar valued at approximately US$540 million.
Major PV inverter manufacturer, Sungrow Power Supply Co is preparing for a renewed push in the Indian market having already passed 4GW of deployment in the country.
