Major PV inverter manufacturer Sungrow Power Supply said its inverter testing centre in China has been qualified by Underwriters Laboratories (UL), to participate in the UL Witness Testing Data Program (WTDP).
Taiwan-based merchant cell and module producer Neo Solar Power (NSP) reported an unexpected slump in November sales after several months of recovery, which was said to be due to deferred customer orders.
A new report from GTM Research reveals that the top-10 PV inverter manufacturers accounted for 80% of global shipments in the first half of the year, while the top-5 took around 50% of the market.
Finland-based private investment bank Evli Bank, through its subsidiary Evli Alternative Investments has acquired Nordic Shine to boost the deployment of solar in Finland.
In an unprecedented move, the Indonesian Ministry of Energy and Mineral Resources has pushed through a rural electrification regulation. Andre Susanto, senior vice president and founder, PT Inovasi Dinamika Pratama, discusses how this regulation provides an opportunity for the private sector to engage in electrifying Indonesia's 12,000 villages currently without any access to electricity.
High-efficiency PV module producer and project developer SunPower has announced further restructuring plans that include the closure of its 700MW, IBC solar cell plant in the Philippines and a 25% reduction in its global workforce.
US-based residential and small commercial PV installer RGS Energy is issuing new shares ahead of a final NASDAQ hearing in December 2016 over whether the company would be de-listed as it has not complied with the minimum stock price rule.