‘Solar Module Super League’ (SMSL) member GCL System Integration Technology (GCL-SI) has reported preliminary ‘express’ financial results for 2018, noting a return to a small profit, despite ASP declines impacting total revenue.
PV wet chemical processing equipment supplier RENA Technologies has been acquired by private equity firm, Equistone Partners Europe for an undisclosed sum.
Fraunhofer ISE spin-off, NexWafe has secured a new round of funding from Wermuth Asset Management, which will be used for commissioning a pilot line in Freiburg, Germany to produce ‘EpiWafer’ substrates for verification and qualification for potential solar manufacturing customers.
Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand.
A personal perspective on why a solar company could take on its rivals and thrive in a year full of disruptions to the industry but report record results and revenue growth that is unlikely to be topped by any other PV manufacturer in 2018.
Homeowners across Afghanistan are set to benefit from the country's first pay-as-you-go (PAYG) home solar systems combined with energy storage batteries, being delivered in a pioneering new programme led by the IFC and d.Light.
The Government of the Republic of Palau has re-opened a request for proposal (RfP) for a dispatchable solar PV project despite originally awarding the capacity and signing a power purchase agreement (PPA) with a subsidiary of French firm ENGIE in what had been dubbed as the world's largest microgrid.
The European Union solar market grew by 36% in 2018 and very strong demand for PV in Europe is expected in the next two years, said trade group SolarPower Europe.
