PV inverter manufacturer SolarEdge Technologies reported lower third quarter revenue and guided further revenue declines through the end of the year on weak US residential market and continued ASP pressure in the highly competitive inverter market.
The Thai Energy Policy and Planning Office (EPPO) has announced new solar development plans for 2017, which open up several opportunities for foreign investors to participate.
UGE International, a renewable energy firm specialising in the C&I space, has partnered with Export Development Canada (EDC) to create a construction finance facility for the funding of international solar projects.
Neo Solar creates a new IPP for PV projects, Vivint Solar secures US$200m in tax equity, OneRoof closes new fund, and Mexico to small-medium-scale residential solar t by 71%.
China-based integrated PV manufacturer ReneSola has been warned by the New York Stock Exchange (NYSE) that it is at threat of being de-listed, due to non-compliance with the US$1.00 minimum share price rule.
Indian energy firm Thermax and German concentrated solar power (CSP) company Frenell have been awarded a contract for what is claimed to be Asia’s first integrated solar thermal power plant by India’s largest utility NTPC.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in October 2016, reflect the continued reaction to the rapid decent into overcapacity at the beginning of the second half of the year.
