Market research firm IHS has forecasted a slowdown in global solar PV demand growth in 2016 but the market is expected to reach around 65.5GW, compared to 58.7GW forecasted for 2015.
PV and electronics equipment manufacturing and automation specialist Manz AG has reported revenue in the first nine months of 2015 of €169 million, in line with lower guidance due to order delays and cancellations of around €140 million.
Integrated PV module manufacturer REC Solar has said its third quarter revenue reached a new record of US$234 million and module shipments jumped 101MW to 361MW.
China-based PV manufacturer and project developer Hareon Solar Technology has announced the resignation of its chief financial officer, Cao Min for personal reasons.
A senior executive at Chinese manufacturer and project developer ET Solar has said hopes remain high for a negotiated settlement to the ongoing trade dispute between the US and China despite the lack of progress on the issue during a recent meeting between the two countries’ presidents.
Under plans submitted to combat climate change, renewable energy generation will more than double in eight of the world’s top 10 greenhouse gas (GHG) emitting economies by 2030, while three of those will see their nuclear generation increase tenfold.
