US-based high-efficiency integrated PV manufacturer Mission Solar Energy is reportedly to close its N-type mono solar cell line with the loss of 87 jobs and focus on module assembly to remain competitive.
Fully digitized solar power plants will be the next focus for improving efficiencies in the solar PV industry according, to Guoguang Chen, general manager of inverter manufacturer Huawei’s Smart PV Europe Business.
Solar mounting systems specialist S:FLEX GmbH said it had established a new branch office in Jordan to coordinate a growing demand in the MENA region for PV rooftop systems.
CleanFund provides US$10 million in PACE financing for a 5MW Cali project, India's Hero Future Energies commissions a 1MW rooftop solar project in Delhi and GameChange Solar deploys ground mount systems in Massachusetts landfills.
China’s National Energy Administration (NEA) has published a draft version of proposed feed-in tariff (FiT) levels for ground mount and distributed generation PV power plants for 2017 that could lead to significant cuts to both sectors and overall curtailment of installations.
Globally, the top 10 inverter suppliers accounted for around 75% of shipments in 2015. In India, the market is even more concentrated as the top 10 suppliers accounted for over 85% of shipments. Despite this, there is intense price competition and churning in supplier landscape. Bridge to India's Jasmeet Khurana investigates.
Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lowering its operating cost base by CHF 50 million per annum and reducing its workforce by around 16% by the end of 2016.
SolarCity announced Wednesday that it has agreed to a partnership with Citi to create two separate funds that will finance more than US$347 million in solar projects.
