US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.
South Korea’s Ministry of Trade, Industry and Energy has said it would consider filing a complaint with the World Trade Organization (WTO) if the US brings in solar import restrictions, according to Reuters.
Netherlands-based pension fund Stichting Pensioenfonds ABP has agreed to invest over US$384 million in three PV projects in the US, with the trio of installations representing a combined generation capacity of 858MW.
Leading PV manufacturing equipment supplier Meyer Burger is undertaking another round of cost cutting, product rationalisation and manufacturing restructuring to improve profitability.
Solarcentury and Hamburg-based renewables funder Capital Stage have announced a “major partnership” which will aid the former’s expansion into European markets and Mexico.
Major Thai gas-fired power and rooftop solar IPP Gulf Energy Development PLC is preparing to launch an IPO after receiving approval from the Securities Exchange Commission (SEC).
The Green Climate Fund (GCF) is providing a US$12 million grant as additional financing for 6MW of grid-connected solar PV combined with 3MW/12MWh of battery energy storage projects on the Cook Islands.
Specialist semiconductor and PV equipment supplier Intevac has reported delays in supplying a 12 unit order for its ‘ENERGi’ solar ion implant tool to a customer in China planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules.
