Eritrea will soon join the global solar boom with a €5.7million fund bringing clean power to two rural villages that currently rely on small diesel generators.
Leading thin-film PV manufacturer First Solar raised both shipments and revenue expectations for 2017 after reporting net sales of US$623 million in the second quarter of 2017, down from US$892 million in the previous quarter.
Bankrupt integrated PV module manufacturer SolarWorld AG is close to securing a new owner as a group of unidentified investors are to finance continued manufacturing operations at sites in Freiberg and Arnstadt in Germany by mid-August 2017.
Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors led by Singapore-based investment company Temasek.
Leading PV manufacturing equipment supplier Meyer Burger has secured orders worth around CHF 22 million (US$23.2 million) from an existing customer in Asia for its PERC (Passivated Emitter Rear Cell) technology.