The Japanese arm of German company Krannich Solar has completed a 418kWp PV system on the roof of an aluminium manufacturer’s facility in western Japan.
Struggling power electronics and PV inverter manufacturer, 3W Power/AEG Power Solutions, has won approval from shareholders and bondholders to convert its €100 million bond by issuing a new €50 million bond and a debt for equity swap for the remaining €50 million.
Swiss inverter company SolarMax has supplied three SolarMax 2000S single-phase, grid connected inverters to the largest open pit copper mine in the world, located near Calama in the region of Antofagasta, Chile.
Aggressive targeting of the US PV inverter market by European suppliers has led to a fragmented supplier base, while revenues from inverters in the US, China and Japan leaped by US$1.7 billion in 2013, according to new analysis by IHS.
Utility-scale inverters by US manufacturer Solectria Renewables will be used at five PV projects in Massachusetts totalling 13MW, purchased by renewable energy asset management firm NuGen Capital Management.
Insolvent Sunways, majority owned by bankrupt LDK Solar, has received interest from several prospective buyers of its PV inverter business, according to the company’s preliminary insolvency administrator.
