The Latin American solar market is expected to double to 2.3GW in 2016, up from 1.3GW last year, but it remains in its early stages having been held back by key markets in Brazil and Mexico, according to the latest figures from analyst firm GTM Research.
Germany-based inverter manufacturer SMA Solar Technology is setting up a subsidiary in Brazil, which will provide residential, commercial and utility-scale solar solutions as well as other services in the Latin American country.
Distributed renewable energy company UGE International has closed on its acquisition of all the issued and outstanding shares of Ontario-based solar energy firm Endura Energy Project Corp.
Australia’s residential solar market could be in a state of permanent decline given that market penetration is already very high and the county’s Feed-in-Tariff (FiT) subsidy may come to an end this year, according to the latest analysis from Australia-based solar consultancy SunWiz.
Hawaii’s electricity regulator and main utility have recognised that customer-sited distributed energy resources (DERs), including rooftop PV and energy storage, can provide essential grid services and better visibility for network operators, the VP of Stem Inc's Hawaii operations has told Energy Storage News.
US-based polysilicon producer REC Silicon said in a trading update ahead of releasing fourth quarter results at the end of the week that it would shutdown its Silane IV production unit and remaining FBR production at its Moses Lake plant.
Taiwan-based merchant solar cell producer Motech Industries has reported January, 2016 sales reaching a new record high, the fifth consecutive month of record sales.