China-based integrated monocrystalline PV producer, Solargiga Energy Holdings has reported unaudited shipments and revenue for 2016, which highlights only a small year-on-year revenue gain, despite product shipments increasing 34% as ASP declines worsened in the fourth quarter of the year.
Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.
Unique tender structuring and a 28% module price drop will bring tariffs in the upcoming 750MW solar auction in Madhya Pradesh to extreme lows, according to the latest update from Bridge to India.
Subsidies for Indian cell and module manufacturers are being hampered by delays, as shown by data from the Department for Electronics and Information Technology.
Monocrystalline wafer producer Comtec Solar Systems Group has said in financial filings that it would report a substantial net loss for the year, due to expected write-down of the assets related to its manufacturing facilities in Malaysia and China.
Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Indian firm Tata Power, has commissioned a 49MW solar plant at Kayathar, Tamil Nadu, under Welspun Renewable Energy Private Limited (WREPL).
China-based PV module manufacturer Wuxi Suntech, a subsidiary of diversified renewables firm, Shunfeng International Clean Energy (SFCE) has said it has achieved multicrystalline Passivated Emitter Rear Contact (PERC) cell efficiencies of 20% in production.
Solar tracking manufacturer NEXTracker has bagged an order to supply 30MW of its advanced NX Horizon single-axis trackers to Indian developer CleanMax’s 30MW solar project in the state of Tamil Nadu.
Key Taiwan-based PV manufacturers have reported December, 2016 sales and indicated fourth quarter and full-year sales figures, which were primarily impacted by a slump in demand in the second half of the year.
