Norwegian oil, gas and renewables multinational Equinor ASA has acquired a 9.7% stake in Oslo-headquartered PV developer Scatec Solar ASA at a total purchase price of approximately NOK700 million (US$82.4 million).
‘Silicon Module Super League’ (SMSL) member Canadian Solar has lowered its full-year 2018 revenue guidance for a second time, citing a closer focus on profitability through PV power plant project selection and manufacturing cost and capacity expansion controls.
Dual function residential roof tiles or shingles that incorporate solar PV (photovoltaic) cells into an integrated PV system for new build and retrofit homes have already received the ‘hype’ from Tesla’s Elon Musk but a new kid on the blog is set to go head to head with Tesla for this niche US market both from a manufacturing and installation perspective.
PV inverter manufacturer SolarEdge Technologies continued quarterly revenue generation trajectory, despite market dynamics, has result in market share gains and achieving Q3 2018 revenue that is higher than its nearest rival SMA Solar, for the first time.
PV Tech caught up with Lou Trippel, vice president of Product Management at US-based thin-film solar manufacturer and developer First Solar, to discuss how the company’s new Series 6 module has been received, sustainability gains from the transition and even the firm’s consideration of recycling capabilities beyond its thin-film remit.
Leading PV microinverter supplier Enphase Energy reported lower than expected revenue for the third quarter of 2018, citing continued critical component shortages for the flat sales and shipments.
‘Silicon Module Super League’ (SMSL) member Trina Solar is selling its Netherlands-based solar cell manufacturing plant through an online tender sale by Troostwijk Auctions.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has rejected the proposal by its founder, Chairman, President and Chief Executive Officer, Dr. Shawn Qu to take the company private and delist from NASDAQ.
Major PV inverter manufacturer SolarEdge Technologies has continued to post record revenue and shipments in the third quarter of 2018, surpassing the 1GW of quarterly inverter shipments milestone for the first time.
