China-based PV energy provider (PVEP) Panda Green Energy Group said it expected to report a net loss for the first half of 2018 of around RMB 80 million (US$11.7 million).
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it would seek to de-list from NASDAQ, following two major SMSL members, Trina Solar and JA Solar to go private after years of experiencing lower valuations on the NYSE and NASDAQ stock markets, compared to smaller listed US rivals.
Leading PV microinverter supplier Enphase Energy reported second quarter 2018 earnings that indicated the path back to sustained profitability was in sight, despite a number of market issues, such as trade barriers and continued electronic component shortages.
Japanese investment bank Daiwa Securities Group has established Daiwa GI Green Fund LLC – also known as the ‘Solar Fund’ – jointly with GI Capital Management and Daiwa Real Estate Asset Management in order to make greenfield investments in mega- and large-scale solar projects in Japan.
Silicon Module Super League (SMSL) member Trina Solar will provide 258MW of its monocrystalline PERC double glass modules to one of the largest private solar PV projects in Vietnam and what is claimed to be the first wind and solar hybrid plant in the country.
Tesla stopped the steep declines in residential solar installations in the second quarter of 2018, reporting deployments of 84MW, up from a low-point of 76MW in the previous quarter, an 11% increase.
China-based PV project developer GCL New Energy (GCL-NE), a subsidiary of leading clean energy conglomerate GCL Group announced that it had purchased PV modules from both Wuxi Suntech and Hanwha Q CELLS in order to meet Chinese FIT construction deadlines, instead of typically using sister company GCL System Integration’s (GCL-SI) PV modules.
The U.S. Trade and Development Agency (USTDA) is supporting a 41MW hybrid solar-wind-storage project being developed by private Indian energy firm IL&FS Energy Development Company Limited (IEDCL) in the Indian state of Andhra Pradesh by providing a grant to aid the plant’s technical design and planning.
