Leading microinverter supplier, Enphase Energy shipped over 1.2 million units in the second quarter of 2019, with its latest IQ 7 model accounting for around 98% of shipment total.
Australia's state-run renewable energy financier, Clean Energy Finance Corp (CEFC), invested a record-breaking total of $1.3 billion in the clean energy sector in FY19.
Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.
Indian IPP Avaada Energy is in the process of implementing 2GW of open access solar plants in states like Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. Avaada currently has a portfolio of over 500MW of open access solar plants for various commercial and industrial companies.
WoodMac: Worldwide installations will grow 17.5% this year to hit new high of 114.5GW, paving way for arrival of 12 countries to group of 1-to-5GW-a-year installers.
Swiss group records 91% plunge in Q2 2019 figures released two weeks after accepting to cough up US$470m for a buyer to take on its solar inverter business.
Stats paint bright future for Australian renewable roll-out, Victoria rebate chaos pushes solar reps to streets, Overland’s 110MW project cleared despite opposition.
Edify Energy, First Solar among firms chosen by ‘Renewables 400’ scheme, with plans now for government-owned corporation CleanCo to process bids as they come forward.
In recently released first half 2019 financial guidance, three China-based PV inverter manufacturers, Sungrow, Ginlong and Kehua have mainly guided weaker profits than reported for the prior-year period.
