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.
Brazil’s energy agency EPE has registered 1,260 wind and solar projects for its 2nd Reserve Energy Auction 2016 to be held on 16 December, the only solar auction in Brazil this year.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has converted a previous auction bid success to a signed Power Purchase Agreement (PPA) for the 63MWp solar power plant in Aguascalientes, Mexico.
More than 2,100 solar supporters have written letters to the Arizona Corporation Commission (ACC), urging it to reject UniSource Energy's (UNS) electric rate proposal, ahead of an official ruling next Tuesday.
