Struggling integrated PV module manufacturer Yingli Green Energy met module shipment guidance and reported a small positive net income in the first quarter of 2016, the first time since the third quarter of 2011, supported by a significant reduction in operating expenses.
Indian conglomerate Adani Group has become the leading solar developer in India in terms of commissioned and pipeline capacity after winning all 100MW of solar capacity available in the latest auction from the state of Chhattisgarh, according an industry analyst.
UK-based solar investment fund NextEnergy Capital (NEC) is to invest more than €150 million (US$210 million) in the Italian solar market after receiving backing from the UK subsidiary of insurance and investment giant Prudential.
meteocontrol, a subsidiary of Shunfeng International Clean Energy (SFCE) is launching several new features and refinements made to its SCADA Center and VCOM monitoring solutions for PV power plants at Intersolar Europe 2016, as well as its ‘Pit Stop’ service for existing systems.
Manufacturing equipment supplier Manz AG has issued a warning that it may not be able to meet profit forecasts after an unnamed “large project” in its energy storage segment was halted.
Kipp & Zonen is launching a new solar radiation measurement solution at Intersolar Europe 2016. The ‘RaZON+’ is said to be an all-in-one system that accurately measures both direct normal irradiance (DNI) and diffuse horizontal irradiance (DHI) from the sun and sky, enabling it to provide very reliable values of global horizontal solar irradiance (GHI) and sunshine duration.
The renewables subsidiary of India’s Tata Power will acquire Welspun Energy PTA Ltd, the clean energy arm of another major Indian company, Welspun Energy, valuing its target at 92.49 billion rupees (US$1.37 billion).
Apple plans to sell excess electricity generated by solar panels on the roof of its new Cupertino, California HQ in efforts to trade on the energy market.
The largest residential solar PV installer in the US SolarCity has attracted back it former head of sales and marketing, Toby Corey to become president of global sales and customer experience.
China-based integrated PV manufacturer Hareon Solar has recently signed an MOU with partners to build and operate a 160MW cell and module plant in Morocco with a total investment of around US$114 million.
