Leading CdTe thin-film producer First Solar is undergoing a mid-year restructuring that includes cost cutting activities that should generate a US$2 billion balance sheet cushion against changing solar business dynamics and a looming revenue and shipment hole facing the company in 2017.
D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
Leading microinverter firm Enphase Energy reported second quarter 2016 shipments up 30% and revenue 24% higher than the prior quarter as its strategy to offer more competitive pricing enabled by progressive product cost reductions, regained lost customers and market share across multiple regions.
Leading CIS thin-film producer Solar Frontier said it had completed on schedule the largest PV power plant in Nagasaki Prefecture that resides next to Nagasaki airport runway.
The largest dedicated and integrated monocrystalline product producer Longi Silicon Materials has signed a cooperation contract with China-based PV module manufacturer and EPC firm ET Solar to champion monocrystalline technology and products globally.
The Australian Energy Regulator has released a draft decision protecting solar users in South Australia from increased charges proposed by utility SA Power Networks (SAPN).
Farmers in Australia are bearing the brunt of electricity price fluctuations, but they may benefit from partnering with renewables companies, according to Jacqueline Knowles, manager of natural resources policy with the National Farmers' Federation.