Conglomerate forced to take tax benefit hit after investing in bankrupt Californian solar firm, raided by the FBI in December over Ponzi-style fraud allegations.
Leading US residential PV installer, Sunrun reported deployments of 86MW in the first quarter of 2019, a 27% year-over-year increase that was in stark contrast with former leading installer, Tesla that recently reported deployments of 47MW for the same quarter.
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.
