Updated: The US solar trade body, Solar Energy Industries Association (SEIA) said it would spearhead the campaign against the trade petition by US-based bankrupt cell and module manufacturer, Suniva with the USITC (United States International Trade Commission) that threatens import duties on all crystalline solar cells and panels imported from anywhere across the world not produced in the US.
The Nepal Electricity Authority is on the search for consulting services in preparation of the launch of the energy authority’s Nepal Grid Solar and Energy Efficiency Project.
Taiwan-based cell and module producer Neo Solar Power (NSP) is not expecting a recovery in sales until fourth quarter of 2017, due to a series of market forces impacting its business.
PV inverter manufacturers SMA Solar, SolarEdge and Enphase have all recently reported first quarter 2017 financial results. As already highlighted by PV Tech, US residential PV installers have reported softer than normal sales in the quarter and dependence on the US market for SMA Solar and Enphase, coupled to continued pricing pressure took a toll on revenues.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar said it had been first manufacturer in China to receive the latest IEC61345 module certification that employs stricter testing requirements for solar panels. The certification was carried out by TUV Rheinland.
After Indian solar tariffs breached a jaw dropping US$0.04/kWh earlier this week in a Rajasthan auction, prices have dropped to yet another record in the same location.
US-headquartered high-efficiency PV module producer SunPower reported a first quarter 2017 net GAAP loss of US$134.5 million, while guiding further losses of between $110 million to $135 million for the second quarter of the year as the company transitions its business model.
Emerging market investor Sun Group has entered a joint venture partnership with Japanese financial services group Orix, to develop commercial and industrial (C&I) solar projects in India.
India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.