Markets & Finance

Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.

Yesterday, the New York Department of Public Services commissioned a report that will aim to find the value of rooftop solar and other distributed energy resources.

‘Silicon Module Super League’ (SMSL) member JinkoSolar plans to build a 40MW solar PV plant in Vietnam, a company spokesperson has confirmed.

In this week’s Movers & Shakers segment, PV Tech reports on JinkoSolar bringing solar PV front and centre at Europe’s B20 Energy, Climate & Resource Efficiency Taskforce, former SEIA chief Rhone Resch’s new industry venture, and utility-scale wind and solar projects in south Australia. Also this week, PV Tech partners with the Global Energy Talent Index - complete the survey for a chance to win!

Solar power solutions provider Sunworks announced Thursday that it has appointed former Solar Energy Industries Association (SEIA) president and CEO Rhone Resch as an independent director.

Mexico is set to hit between 30-40GW of solar PV installations by 2040 under various scenarios projected by the International Energy Agency (IEA).

A Singapore university is running the world’s largest testing centre for floating solar PV systems looking at economic and technical feasibility.

EV manufacturer and battery specialist Tesla Motors has reported strong results with a return to profit in Q3 this year.

Major polysilicon producer Wacker Chemie has reported that polysilicon sales declined 6.8% in the third quarter of 2016, due to weaker demand and ASP declines, specifically in September.

Residential installer Sunrun has teamed up with LG Chem, a Korean battery manufacturer, to offer solar-plus-storage systems in the US.