‘Silicon Module Super League’ (SMSL) member Canadian Solar reported first quarter 2018 financial results that were better than expected as revenue and shipments were higher than guided with further PV power plant sales completed in the quarter.
Indian solar developer Azure Power has surpassed 1GW of operating solar capacity, with the completion of a 50MW project in the state of Andhra Pradesh.
Specialist PV manufacturing equipment supplier Amtech Systems is looking to expand its component outsourcing to include solar equipment production in China to remain competitive.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has lowered full-year shipment guidance to 5,600MW to 5,800MW, compared to its initial guidance of 6,000MW to 6,200MW, which could be attributed to the impact of the US Section 201 trade case duties and the company’s refocus on the European market.
Bischof + Klein has introduced a new generation of PV module backsheets, designed to provide greater stability when exposed to UV radiation and increased protection against moisture ingress. The new B+K ‘BackFlex’ PP backsheet is based on polypropylene and is therefore naturally resistant to hydrolysis. It can withstand more than 5,000 hours of damp heat testing (85°C / 85% r.h.).
PV Tech’s recent coverage of three publicly listed PV inverter manufacturers (SMA Solar Technology, SolarEdge Technologies and Enphase Energy) first quarter financial results has highlighted a looming battle between two of the companies over achieving the highest annual revenue figures (US$ adjusted) in 2018.
PV inverter manufacturer SolarEdge Technologies has reported a clean sweep in key financial parameters for the first quarter of 2018, which includes, revenue, shipments, gross margin, profitability and quarterly cash flow generation.
Solar Media, the publisher of sites including Energy-Storage.News and PV Tech, has just launched the latest edition of the annual Global Energy Storage Opportunity report for this year - available now as a free download.
Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales.
