Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
‘Solar Module Super League’ (SMSL) member First Solar has forecasted net sales for 2020 to be in the range of US$2.7 billion to US$2.9 billion, compared to reporting 2019 sales of US$3,063 billion.
Tampa Electric, one of Florida’s largest investor-owned electric utilities, has launched a significant expansion of solar power that will see the company invest approximately US$800 million to add another 600MW of solar power by the end of 2023.
New census figures from the Solar Foundation show that US solar industry grew by 5,600 jobs last year, reaching nearly a quarter of a million positions across the nation.
North American PV module manufacturer, Silfab Solar is investing around US$4 million to boost production at its assembly plant in Washington State that could lead to extra jobs.
Geronimo Energy and Basin Electric Power Cooperative have signed off on a PPA for the 128MW Wild Springs Solar Project, located in Pennington County, South Dakota.
Water Island Capital urges its fellow Pattern shareholders to turn down acquisition offer by Canadian pension plan CPPIB, amid claims it ‘undervalues’ the owner of 4.4GW of solar and wind.
Microinverter supplier Enphase Energy reported yet another jump in both shipments and revenue in Q4, with recent supply deals in the US and Europe expected to grow sales even further.
Revenues from firm’s solar assets overtook wind’s in 2019 and accounted for nearly half of full-year turnover, with large projects in Mexico, Argentina and others set to go live in 2020.
