Japanese conglomerate invests in GridMarket, a company focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
Major PV inverter manufacturer and EPC firm, Sungrow Power Supply Co has increased revenue in the first quarter of 2019 by 30%, compared with the prior year period as its power plant system integration business expands.
Back-contact module manufacturing equipment supplier Eurotron has received a major order from China-based PV module manufacturer Sunport Power, based in Wuxi, China.
Leading CdTe thin-film manufacturer and ‘Solar Module Super League’ (SMSL) member, First Solar reported significantly lower than expected first quarter sales, due primarily to challenges in its EPC PV project business in the US and Japan that impacted sales by US$159 million.
PV microinverter specialist, Enphase Energy reported a second consecutive quarter of a meaningful recovery in its shipments and revenue, due to the return of customers as its financial health continues to improve.
Debt-laden and technically bankrupt PV module manufacturer, Yingli Green Energy has reported a major decline in its PV panel shipments and revenue in 2018, due to the ‘China 531 New Deal’ that impacted demand for its products.