An agreement to buy 75% of Korean battery manufacturer Kokam gives SolarEdge a level of vertical integration that could make the PV company a ‘one-stop-shop’ for customers, while SolarEdge could diversify into areas outside solar energy.
The long-standing CEO of major PV inverter manufacturer SMA Solar Technology, Pierre-Pascal Urbon has suddenly stepped down from his executive role and plans to leave the company altogether at the end of December, 2018.
Renewables firm AC Energy, a wholly owned subsidiary of Philippines-based industrial firm, Ayala Corporation has announced a further 80MW of solar projects in Vietnam, soon after detailing a 300MW pipeline in the country.
China-based polysilicon producer Daqo New Energy Corp said that its polysilicon production costs were targeted to reach US$6.80 per kilogram in 2020, once the capacity expansion to 70,000MT per annum had been completed.
Tunisia delays 70MW solar tender, Greenko completes acquisition of Orange Renewable and agrees to acquire Skeiron assets, Northern Territory approves 25MW solar project
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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.