Building product manufacturer and distributor Gibraltar Industries has signed off on a deal to acquire SolarBOS, a California-based, privately-held provider of electrical balance of systems products for the US PV market.
The Nigerian Agricultural Bank, the Bank of Agriculture and electricity supplier Daystar Power have signed off on a cooperation deal for rural electrification in Nigeria.
Ameresco and BlueWave Solar joined Massachusetts state and local officials to commemorate the completion of two community PV projects within the state that have a combined generation capacity of 16.2MW.
Distribution company Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expressions of interest (EoI) for development of 1GW of PV capacity in a solar park at Dholera Special Investment Region (DSIR), Gujarat.
Known historically for its oil and in the present day for deploying large amounts of wind energy and latterly for deploying batteries at wind farms, the US state of Texas is less well known for solar-plus-storage projects.
Smaller companies are finding it increasingly difficult to enter the Indian large-scale solar market and partake in the multi-gigawatts of competitive auctions for PV capacity.
Major PV inverter manufacturer Sungrow Power Supply Co, recently reported a relatively strong rebound in revenue (up 10%) in the first half of 2018 but on a quarterly basis the second quarter sales increased 29% from the previous quarter, indicating that greater dependence on China and the utility-scale market with central inverters, creates a ‘solarcoaster’ ride.
