Integrated PV module manufacturer REC Group has reported around a 15% decline in third quarter, 2016 shipments, driven by around an 18% decline in shipments to its largest market, the US.
Trina Solar investors are widely expected to vote in favour of privatisation on Friday. The move would see the company unshackled from the reporting requirements of NYSE and potentially better placed to raise equity funds. But could the loss of transparency do more harm than good?
The German Engineering Federation (VDMA) has reported a slowdown in new solar PV manufacturing equipment orders from its members in the third quarter of 2016.
US-based residential and small commercial PV installer RGS Energy said it expected to have netted around US$3.6 million from its latest US$4.1 million public share offering as it struggles to comply with the NASDAQ minimum stock price rule and possible de-listing.
Spain’s new energy minister has confirmed plans for a much-anticipated 3GW of renewable auctions, but concerns remain over the parameters of the tenders.
Specialist PV manufacturing equipment supplier Singulus Technologies said it had received the next contractually agreed pre-payment from the Chinese state-owned enterprise China National Building Materials (CNBM), owner of CIGS thin-film manufacturer, AVANCIS.
PV manufacturer Wuxi Suntech has established a new sales and service hub in Europe since withdrawing from the EU Minimum Import Price (MIP) agreement in October, 2016.
Solar development in India is being held back by delays in preparing the 20GW of solar park capacity planned by the central government, according to consultancy firm Mercom Capital Group.