Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.
Organic photovoltaic (OPV) thin-film producer Heliatek has raised €80 million (US$88 million) in a new funding round to expand its ‘HeliaFilm’ manufacturing capacity by one million m² per annum.
Ideal Power, a power conversion expert, has partnered with EnerDel and its lithium-ion batteries to create a mobile solar-plus-storage microgrid for the US Air Force.
Ardian Infrastructure has made its debut in the Latin American solar market in the US$31 million acquisition of four PV plants in Chile and Peru from Spanish EPC Solarpack.
The FUD (fear, uncertainty and doubt) over the solar industry entering it second major overcapacity cycle is being replaced by a focus on how much overcapacity verses end market demand exists, especially in 2017 and therefore how low will PV module ASP’s go?
Hong Kong-headquartered Asia Clean Capital and the US’ Ten K Solar have signed an exclusive China partnership to develop an anticipated 40MW worth of solar projects within the next 18 months.