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.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion plans in the third quarter of 2016, highlight an absence of China based solar cell and module manufacturers making new announcements for either domestic or overseas production.
Renewables firm SunEdison currently in Chapter 11 bankruptcy proceedings confirmed in a statement that it was in talks with its two publically listed yieldco subsidiaries to sell its ownership interest and other rights in the yieldcos.
Integrated PV module manufacturer REC Group has said it has trimmed its global workforce by 3%, or around 65 jobs out of approximately 2,200 employees.
Chile has appointed five directors for the Board of its Independent Coordinator of the National Electric System, after its major transmission law upheaval.
There is a need for a pan-European investor-state dispute settlement mechanism, to give the solar industry a unified legal body to help it fight retroactive cuts and other policy U-turns across the continent, according to a European trade group.
