Developments in balance-of-system technologies are set to play a lead role in pushing global installed PV system costs down 40% by 2020, a report by GTM Research claims.
SolarEdge is hoping that new processing technology in its latest range of inverters will “revolutionise” inverter design in the same way that flat screen technology superseded old-fashioned cathode ray TVs.
The project arm of Chinese manufacturer, JinkoSolar, has secured a credit line worth CNY10 billion (US$1.5 billion) with the Industrial and Commercial Bank of China’s Jiangxi Provincial branch.
OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.
The worldwide market for module-level power electronics (MLPEs), including PV microinverters and power optimisers, is expected to reach US$1 billion by 2019, according to IHS.
The precarious financial position of major tier-one PV manufacturer Yingli Green was further highlighted in its second quarter financial results and subsequent earnings call with financial analysts.
Australia’s Clean Energy Finance Corporation (CEFC), the government body aiming to mobilise capital investment in the country’s renewable energy sector, has introduced an AU$250 million (US$175 million) financing programme for the development of large-scale solar.
GCL Poly is in the process of selling off its non-solar businesses and will emerge from a proposed US$500 million sale to focus on polysilicon and wafer manufacturing and sales, as well as PV plant development.
The EU-China solar trade dispute looks set to reignite with every indication suggesting that EU ProSun will request a review of the impending expiry of duties on Chinese solar imports into Europe put in place in 2013.
