Major inverter manufacturer SMA Solar Technology has reported preliminary full-year 2020 financial results which met the low end of guidance but also reported a slight decline in fourth quarter sales coupled to plummeting gross margins.
An Indiana-based subsidiary of power distribution company AES Corporation has announced it will buy a 195MW solar power project in the state in as part of its energy transition program.
Chenya Energy is planning to further expand its floating PV (FPV) portfolio following the completion of the world’s largest offshore solar plant, a 181MWp project off the west coast of Taiwan.
Greek industrial group Mytilineos said 2020 turnover from its renewables and storage development unit was around 40% lower than forecasted due to contracting and construction delays as a result of the coronavirus pandemic.
Adani Green Energy has secured 3GW of PV capacity in a 6.4GW solar auction in the Indian state of Andhra Pradesh that saw higher tariffs than other recent tenders in the country.
