Inverter manufacturer Ingeteam has been granted a €55 million (US$61 million) loan by the European Investment Bank (EIB) for its research and development of renewable energy.
Leading PV inverter manufacturer SMA Solar Technology has backed up recently raised full-year revenue guidance with first half sales reaching €429.3 million, driven the most by the utility-scale PV power plant market.
REC Solar’s ‘TwinPeak’ multicrystalline module series combines a number of enhancements to provide 280 watt peak (Wp) performance. The new module features 120 half-cut multicrystalline cells, four bus bars, passivated emitter rear cell (PERC) technology, and a split junction box. Together, these technologies enhance power output by around 10Wp per module.
Clean energy firm and PV developer Shunfeng International Clean Energy (SFCE) has acquired a majority stake (63.13%) in US-based solar cell and module manufacturer Suniva with an investment of US$57.76 million.