US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, discusses the tight-rope walk that Indian solar developers are risking with their most recent low bids in the state of Gujarat.
Project developers have signed a 20-year power purchase agreement (PPA) with Malawian national utility Electricity Supply Corporation of Malawi Limited (ESCOM) for a 60MW(AC) solar plant.
Norwegian state-owned electricity company Statkraft plans to reach 2GW of solar by 2025, as part of a NOK1 billion (US$1.2 billion) investment in renewable energy.
The International Finance Corporation (IFC) has signed an agreement with the government of Afghanistan to design and tender a 40MW solar plant that will set a new model for subsequent projects and support the country’s 2GW of PV goal.
The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
Acme commissions 200MW in Rajasthan, BlueWave Solar sells 24MW community solar portfolio to Goldman Sachs, TIU Canada starts building 13.5MW solar project in Ukraine using LONGi modules.
Array Technologies has been awarded more than US$1 million in damages and royalties on future sales of Exosun trackers that infringe one of its patents.
