Taiwan-based merchant cell and module producer Neo Solar Power (NSP) said it would incur impairment charges of around NT$ 1,330 million (US$43.2 million), due to manufacturing plant relocation and a loss from previously sold equipment to TS Solar.
Power Africa, the USAID-funded energy initiative created under the Obama administration, has announced plans to invest US$1 billion in Nigeria’s energy sector, according to programme co-ordinator Andrew Herscowitz.
PV inverter manufacturer SolarEdge Technologies reported fourth quarter and full-year 2016 results that were impacted by a slowdown in the US residential market in the second-half of the year. European and Asia markets helped revenue grow 15% in 2016.
High-efficiency PV module producer and project developer SunPower has reached a production average cell conversion efficiency of 25% at its Fab 4 facility in the Philippines, the highest in the industry.
Taiwan-based merchant cell and module producer Neo Solar Power (NSP) said its downstream IPP (Independent Power Producer) entity Clean Focus Yield (CFY) is to be listed on the Hong Kong Stock Exchange.