High-efficiency monocrystalline wafer producer Comtec Solar Systems Group reported a net loss of US$146 million in 2016, after previously announced write-down on assets at its Malaysian manufacturing facilities that were being sold leading mono wafer supplier, LONGi Green Energy Technology.
China-based independent PV power producer GCL New Energy (GCLNE) ended 2016 with 87 grid-connected solar power plants with a total capacity of 3,156MW.
Arguing that energy storage is “critical to ensuring a resilient, reliable, cost-effective and sustainable grid”, the Energy Storage Association joined with 52 other organisations to plead the place of storage in the Trump’s administration’s infrastructure priorities.
WEG has bagged an EPC contract to build two solar PV projects of 31.12MW capacity each, being developed by Nordic Power Partners (NPP) at Coremas, Paraiba, in northeast Brazil.
German PV systems integrator Phoenix Solar has reported a return to operating profit for the first time since 2010, with earnings before interest and taxes (EBIT) at €0.6 million (US$0.64 million), up from losses of €1.6 million last year.
China-based PV manufacturer Yingli Green Energy and industrial technology partners, Dutch research centre ECN and equipment manufacturer Tempress, a subsidiary of Amtech Systems have fabricated their first IBC (Interdigitated Back Contact) n-type solar cells on 6-inch monocrystalline wafers at the manufacturer's pilot line in China.
