China-based integrated monocrystalline PV producer, Solargiga Energy Holdings has reported unaudited shipments and revenue for 2016, which highlights only a small year-on-year revenue gain, despite product shipments increasing 34% as ASP declines worsened in the fourth quarter of the year.
Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.
The lack of information in a joint press release from Tesla and Panasonic, confirming a solar cell manufacturing partnership at the SolarCity/Silevo 1GW Buffalo fab in New York State was not a surprise, especially considering it merely rubber stamped an MOU previously announced that was only subject to the successful acquisition by Tesla of SolarCity.
Florida Power & Light Company (FPL) has become the state’s largest generator of solar power by bringing online three new universal solar energy plants, with plans to connect four more this year.
Subsidies for Indian cell and module manufacturers are being hampered by delays, as shown by data from the Department for Electronics and Information Technology.
Spain’s National Association of Photovoltaic Energy Producers (ANPIER) has opened a permanent office in Brussels to help direct European Union policy on renewables by publicising the historic financial suffering of thousands of Spanish solar consumers at the hands of retroactive legislative changes.
Monocrystalline wafer producer Comtec Solar Systems Group has said in financial filings that it would report a substantial net loss for the year, due to expected write-down of the assets related to its manufacturing facilities in Malaysia and China.
Leading PV manufacturing equipment supplier Meyer Burger Technology is to supply its DW 288 Series 3 diamond wire cutting saws to an existing European customer.