Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
Integrated PV module manufacturer REC Group said total module shipments in the second quarter of 2016 reached 326MW, bringing first half year shipments to 640MW and a 4% quarter-on-quarter increase.
In this week's Movers & Shakers, PV Tech reports on a series of solar executive board shake-ups, as well as the Solar Energy Industries Association bestowing five members of the US Congress with prestigious awards for their efforts in contributing to the ITC extension.
Key Taiwan-based wafer producers Green Energy Technology (GET), Sino-American Silicon (SAS) and Danen Technology delivered mixed sales results for September, 2016, yet the underlining trend remained weak demand and ASP pressures.
Independent power producer sPower said it had secured a tax equity investment and syndicated construction and term loan facility totalling US$786 million to build 9 solar projects in Lancaster, California with a capacity of 339MW.
Credit ratings firm Fitch has praised Argentina’s RenovAR program for solar and wind utility-scale project plans, due to its structure that addresses legal and off-take risks.
Leading PV manufacturing equipment supplier Meyer Burger Technology said it had been awarded new tool orders from two existing customers in Europe and Asia valued at CHF15 million (US$15.3 million).
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has withdrawn its earnings forecast for fiscal year 2016, due to PV manufacturers postponing capital expenditure (capex) plans on overcapacity and rapid price declines.
Industrial technology firm ABB is restructuring its multiple market divisions into four core divisions with its solar energy offerings including PV inverters joining its Electrification Products segment from its existing Discrete Automation and Motion (DM) division.
