Chinese manufacturer BYD Company is to build a 400MW PV module assembly plant in Brazil at a cost of around US$50 million, adding to its planned electric bus manufacturing facility in the state of São Paulo.
Downstream solar firm Conergy is to purchase inverters from Chinese inverter manufacturer Sungrow under a newly announced partnership between the two companies.
SolarEdge, one of only two companies at present to produce Tesla Powerwall-compatible inverters, will launch its expanded range of residential and commercial solutions at Intersolar Europe next month.
It appears a buyer has been found for Swiss inverter manufacturer SolarMax, which was declared insolvent at the end of last year, with the company set to relaunch in June.
SolarCity has announced a new partnership with smart-metering company Nest starting with an offer of 10,000 Nest thermostats to new customers in California.
PV inverter firm, Ginlong Technologies will have its ‘Solis’ branded inverters available in the US and the UK through expanding current distribution agreements.
One of Japan’s largest trading companies, Marubeni, which is already involved in both upstream and downstream sectors of PV industry, has entered the domestic market for residential solar.
Beleaguered German inverter manufacturer, SMA Solar, has ended the fiscal year with sales slightly higher than expected but still down 13.6% on 2013 and with an operating loss almost twice as large as last year’s.
