With the major US residential solar installers (Sunrun, SunPower, Vivint Solar and Tesla) having recently reporting second quarter 2019 financial results, PV Tech takes a closer look at the business and market dynamics shaping up in 2019.
Distribution networks and awareness campaigns help spur US$259m-a-year market of off-grid PV lighting, making a leader of a country where only 13% enjoy grid access.
This article represents the concluding part of a six-part series on PV-Tech over the past couple of weeks, introducing new methodology to allow leading PV module suppliers to be categorized, ranked and short-listed by manufacturing and financial strength metrics; ultimately providing an investor-risk (or bankability) profile of PV module suppliers for non-residential end-market selection.
French firm Akuo scores cheapest tariff and reaps 370MW of total 1.15GW awarded while Iberdrola bags 149MW by pledging to pay for grid space under second modality.
Perovskite solar cell developer, Oxford PV is to become a merchant heterojunction with perovskite top cell manufacturer with orders placed with Meyer Burger that will provide an initial 250MW of cell capacity that will enter production by the end of 2020.
Banco Sabadell supplies close to €30m in debt to Renovalia’s five-strong solar cluster in Ciudad Real province, first of firm’s 1GW merchant pipeline of PV and wind.