Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.
Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has received an order for 17 units of its Solar Ware 1667 outdoor PV inverters with salt damage prevention specifications for a utility-scale PV project currently under construction on the island of Oahu in Hawaii.
Canadian Solar subsidiary Recurrent Energy announced that its 100MW/134 MWp Mustang solar installation in Kings County, California, has reached commercial operation.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar exceeded PV module shipment guidance in the second quarter of 2016, partially driven by increased shipments to China. China became the largest contributor with external shipments growing 150.1% sequentially and 118.7% year-over-year. Quarterly module shipments were the second highest on record.
Rooftop solar customers cost non-solar ratepayers in Nevada US$36 million a year, according to the results of a cost-benefit study on solar by Energy + Environmental Economics (E3).
‘Silicon Module Super League’ (SMSL) member Canadian Solar has retained both PV module shipment and revenue guidance for 2016, despite fears of overcapacity hitting both third party demand and ASP declines as it plans tight inventory control, curtail capacity expansions and use its downstream PV project development business as its overall buffer.
