In this week's Movers & Shakers segment, PV Tech reports on management shuffles in yieldcos and Chinese module manufacturers. In addition, a Canadian energy company continues its US expansion, the REEEAC appoints new members and CleanChoice Energy reveals how community solar can become 'retail 2.0'.
Tesla Motors and SolarCity are closer to combining their empires to form what could be the world’s largest solar and energy storage company, as the final referendum for the merger has been officially set for 17 November 2016.
Despite regulatory ambiguities, the general consensus from industry stakeholders at this year’s Solar Energy UK | Clean Energy Live exhibition is that Africa’s solar sector is ripe for new entrants, posing a significant opportunity that should not be missed.
Donald Trump once again shunned solar and other renewables in favour for coal in his characteristic “America first” energy policy, while Hillary Clinton did not fare much better, but did at least reaffirm her commitment to fight climate change, albeit as an afterthought.
Subject to regulatory risks and financing issues, the potential for solar deployment in Sub Saharan Africa is exponential, with the rooftop sector set to explode, according to Solarcentury’s Daniel Davies and other panel experts at this year’s Solar Energy UK | Clean Energy Live show.
Crystal growth equipment supplier GT Advanced Technologies (GTAT) said it had accepted the resignation of CEO, Dave Keck and appointed board member and former employee, Greg Knight as its new CEO.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion plans in the third quarter of 2016, highlight an absence of China based solar cell and module manufacturers making new announcements for either domestic or overseas production.
Integrated PV module manufacturer REC Group has said it has trimmed its global workforce by 3%, or around 65 jobs out of approximately 2,200 employees.
Chile has appointed five directors for the Board of its Independent Coordinator of the National Electric System, after its major transmission law upheaval.
US-based high-efficiency integrated PV manufacturer Mission Solar Energy is reportedly to close its N-type mono solar cell line with the loss of 87 jobs and focus on module assembly to remain competitive.