Solar power solutions provider Sunworks announced its financial results for both second quarter of 2016 and six months through 30 June — as well as unveiling an increase to its full-year revenue guidance.
Balfour Beatty Communities — a managing member of military housing projects located at Fort Detrick, Maryland, and Fort Carson, Colorado — and SolarCity have finished the installation of over 18,000 PV panels at Army family housing.
Both the TerraForm yieldcos have delayed their Q2 2016 results. It is the third successive quarter without financial filings by both TerraForm Power and TerraForm Global.
PV inverter manufacturer SMA Solar Technology said it would close production facilities in Denver, US, and Cape Town, South Africa on continued competition issues and consolidate global inverter production in Germany and China.
PV inverter firm SolarEdge Technologies reported fiscal fourth quarter revenue of US$124.8 million, which was at the low end of guidance, due to a slowdown in the US residential market, its biggest market for the company.
Bankrupt renewables firm SunEdison is seeking bankruptcy court approval to sell a number of its North American assets as part of its restructuring plan.
High-efficiency PV module producer and project developer SunPower said it was reducing its focus in PV power plant development outside the US and focusing more resources to the distributed generation market in the US.
The Arizona Corporation Commission has said that the rate structuring process for net metering in the state is subject to “undue influences”, and has hired out an attorney to investigate the issue, according to reports.
