Enphase Energy exceeded its revenue guidance in the third quarter as microinverter shipments rebounded strongly on the back of a “significant” improvement in global demand.
China-based PV backsheet and high-efficiency PV module manufacturer Jolywood (Suzhou) Sunwatt Co (Jolywood) has reported record third quarter 2020 revenue and profits, while exceeding 2019 full-year financial results in the first nine months of 2020 as it continues to execute on high-efficiency n-type TOPCon module shipments to utility-scale PV power plant projects.
Tesla has said its strategy to deliver the lowest-cost solar rooftop installations in the US is paying off after it witnessed a doubling of installs in Q3 2020.
France will guarantee tariff support to 341MW of solar projects following completion of an oversubscribed auction that featured reduced prices compared to previous rounds.
Scatec Solar has raised more than US$500 million in a private placement just days after it announced the US$1 billion acquisition of hydropower firm SN Power.
A round-up of the latest news from the solar project development and finance sub-sectors, including news from Canadian Solar, Capital Dynamics and Huawei.
The cost of generating energy from utility-scale solar and wind continues to decline and maintain competitiveness with the marginal cost existing fossil fuel-powered plants.
Record Q3 revenue has helped major merchant solar cell producer Aiko Solar report nine-month revenue growth of 49.45%, compared to the prior year period, exceeding the company's full-year 2019 revenue figure.
