Markets & Finance

Leading PV microinverter supplier Enphase Energy has announced its president and founding CEO, Paul Nahi has resigned his positions at the company.

Leading PV microinverter supplier Enphase Energy reported a strong rebound in sales and shipments, which hit a new record in the second quarter of 2017, yet losses continue and its founding CEO, Paul Nahi announced his resignation from the company.

Mercom has projected 10.5GW for 2017, well up from 9,812MW in its April quarterly report, and the 9,020MW projected in January.

Brazilian energy agency EPE will hold two energy auctions in December this year, in one of which solar will be able to compete.

Acwa Power has been awarded three solar PV projects in the Aswan Province of Benban, Egypt, under Round 2 of the Feed-in Tariff (FiT) programme.

Sempra Renewables, a unit of Sempra Energy, has acquired a 281MW solar project from Canadian Solar subsidiary, Recurrent Energy.

Leading PV microinverter manufacturer Enphase Energy has expanded in India by adding Sun-AP Ecopower and Redington as two new distribution partners and establishing a presence in Chennai by appointing a strategic account manager.

Indian states are slowly adopting new forecasting rules that will force solar energy plant operators and Regional load dispatch centres (RLDCs) to provide more frequent and accurate projections of energy production or face penalties.

Key manufacturing and R&D assets of bankrupt German integrated PV module manufacturer SolarWorld AG have been acquired by its former founder and chairman, Dr. Ing. Eh Frank Asbeck.

US residential solar PV and energy storage installer Sunrun said it reached the milestone of 1GW of cumulative solar installations in the second quarter of 2017, after 10 years of business operations.