The first auction for capacity at the Raghanesda Solar Park in the Indian state of Gujarat was scrapped due to high tariffs, but a second attempt has drawn far lower tariffs.
Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.
Panasonic is transferring a 90% stake in its heterojunction (HIT) solar cell and module assembly plant in Malaysia to China-based PV manufacturer, GS-Solar as part of wider collaboration on HIT production expansion and R&D.