We have tracked the annual R&D spending of 12 key publicly listed PV module manufacturers over the last 10 years. We present our new methodology with a broader scope which reveals record levels of investment in solar innovation.
Single-axis solar tracker firm Soltec has signed a €100 million syndicated credit facility with eleven banks, led by Banco Santander to continue to expand its international business with the opening of subsidiaries in the five continents.
Germany’s Belectric has been handed the contract to perform engineering, procurement and construction (EPC) duties and provide operations and maintenance (O&M) to a 250MW solar park project in India.
US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
A range of diverse projects both regionally and in scale have been announced, which includes a 23.5MW PV project in New Jersey, 1.5MW of rooftop projects in London, UK and a total of 98MW in Binh Thuan and Long An Provinces, Vietnam.
For all intents and purposes, 2018 may be remembered as the year that Taiwanese solar manufacturing moved from its former cell-making glory days of the past (Taiwan solar 1.0) to adjust to the new reality as defined by China’s bulldozing annihilation of cash-struck overseas manufacturing regions in recent times.
US-headquartered high-efficiency PV module producer SunPower Corp has said that its interdigitated back contact (IBC) solar cells and modules have been granted exclusion from the US Section 201 import tariffs that were imposed by President Trump in early 2018.