China-based integrated PV module manufacturer Wuxi Suntech Power Co has recently renewed its 25-year module performance warranty cover with Munich Re Group and Ping An Insurance, the fifth consecutive year, Suntech has cooperated with the both insurance companies, since 2014
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
PV Tech was recently given the opportunity to undertake an in-depth interview with Rongfang Yin, vice president of Trina Solar Group to understand the potential business impact on the company of the recent Chinese government policy changes and what if any new strategies were required.
Acciona and Tuto Energy, who each own a 50% stake in the 404MW Puerto Libertad solar project in Sonora, Mexico, have signed a financing agreement for the project of up to US$264 million with four banks.
Facebook’s Prineville Data Center in Oregon will be supported by 100% renewable energy from 437MW of new solar developments in partnership with Pacific Power, including two projects totaling 100MW in the Prineville area.
Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.
Polysilicon producer REC Silicon expects its FBR (Fluidized bed reactor) polysilicon production to decline 42% in the third quarter of 2018, after recently announcing further cuts in workforce and production at its Moses Lake facility that would operate at only 25% utilisation rates. The company noted that it was evaluating the possible suspension of all of its solar related materials business in the US.
UL (Underwriters Laboratories) has launched a new global service, offering a PV Power Plant Certificate to verify the performance of PV systems at several key stages, such as commissioning or during operation. The delivered certificate is also made publicly available in UL’s online database, providing greater transparency for all stake holders.
Major PV metallization paste producer Heraeus Photovoltaics has announced that its President, Andreas Liebheit has already stepped down from his position, due to personal reasons.
‘Silicon Module Super League’ (SMSL) member JA Solar has said that its previously planned acquisition by an investor consortium via an all-cash transaction led by its founder, chairman and CEO, Baofang Jin had been completed, resulting in de-listing from the NASDAQ stock exchange.
