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.
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.
Nanoelectronics research centre imec has taken a perovskite/silicon tandem mini-module-on-cell stack to a record 23.9% conversion efficiency, significantly exceeding its 20.2% efficiency figures reported in 2016.
The first floating solar (FPV) power plant in Turkey was officially operational on August 4, 2017 as part of a testing phase that could lead to a significant number of systems installed by the Istanbul Metropolitan Municipality on reservoirs, lakes and dams.
Leading solar PV inverter supplier Huawei said it had won the supply bid for Malaysia's first 50MW(AC) utility-scale PV plant project based on its ability to provide smart solutions to the projects challenging location and environmental conditions.
Specialist solar PV equipment supplier centrotherm has warned that it is unlikely to be profitable in 2017, due to the loss of an arbitration case against a cancelled €290 million integrated (wafer/cell/module) plant in Algeria.
BayWa r.e. the renewable energies business unit of diversified German company BayWa has significantly increased revenue in the first half of 2017, having developed and sold PV power plants and increased sales of PV modules and inverters by around 50%, compared to the prior year period.
Having just completed its first ‘Solar Roof’ tile system installations in the US, Tesla said in reporting second quarter 2017 financial results that production of the roofing tiles would not enter mass production at its Gigafactory 2 in Buffalo, New York until the end of 2017.
Despite running at full-capacity, US-headquartered high-efficiency PV module producer SunPower Corp has lowered its full-year revenue guidance as losses mount and margins compress across its utility, commercial and residential markets.
Bankrupt German integrated PV module manufacturer SolarWorld AG has announced the resignation of its Management Board, excluding founder and chairman, Dr. Ing. Eh Frank Asbeck.
