Americas

Major PV inverter manufacturer and EPC firm, Sungrow Power Supply Co has warned that net profit in the first quarter of 2019 would be lower than expected, due to a significant reduction in new PV grid connections in China.

LONGi’s bifacial modules added to Latin America's self-styled tallest timber building, Sungrow hits 40% inverter market share in Vietnam, SolarEdge in monitoring milestone.

Investment management giant becomes shareholder at CleanCapital months after supporting the latter’s acquisition of a 46.9MW US solar portfolio.

Ontario Power Generation (OPG), in partnership with the Six Nations of the Grand River Development Corporation and the Mississaugas of the Credit First Nation, has completed a 44MW PV project at the former Nanticoke Generating Station site.

Recurrent Energy, a subsidiary of Canadian Solar, has secured a US$50 million letter of credit facility from multinational financial services firm, Natixis.

Asia becomes major driver of 94GW PV addition worldwide, with other frontrunners including the US, Australia, Germany, Brazil, Egypt and Mexico.

Power market regulator ANEEL confirms compensation rules due for publication in H2 2019 will only affect new connections.

Hongbin Fang, technical director of LONGi Solar says mono-PERC technology, including bifacial, will form the backbone of the solar sector in the immediate future.

A large tranche of utility-scale solar – and storage – projects in Hawaii has been approved by the state’s Public Utilities Commission (PUC), each quoting a cost per kilowatt hour of US$0.10 or under.

Head of state-owned CFE says ‘new vision’ of Obrador’s government legitimises move against ‘aberration’ of forced purchases in recent years.