Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Ib vogt has closed a €135 million (US$160 million) commitment from an institutional investor to help it pursue a global pipeline of solar projects that exceeds 16GW.
Driven by declining module costs, solar was by far the world’s leading power-generating technology installed in 2019, making up 45% of new capacity, according to BloombergNEF.
DSM Advanced Solar and Independent Power Producer (IPP) SolarKapital have achieved a 4% energy gain at a 500kWp PV power plant in Türkenfeld, Bavaria, Germany by deploying DSM’s retrofit Anti-Reflective (AR) coating technology on First Solar’s CdTe panels.
Portugal’s record-breaking solar auction “exceeded expectations”, a top government official has told PV Tech, confirming that Spanish company Enerland was the company with the lowest bid.
‘Solar Module Super League’ (SMSL) member Trina Solar has reported its first financial results since delisting from the New York Stock Exchange (NYSE) almost four years ago, starting with record first half year PV module shipments of 5,840MW, a 37% increase of the prior year period.
PV project developer and operator ReneSola Power is doubling down on efforts to expand its business in the US and Europe, targeting a total project pipeline of 1GW by the end of 2020.
Hungary’s first "city-owned smart grid project" will be powered by a 1.3MWp PV facility and supported by a 1.2MW lithium-ion battery energy storage system with a capacity of 2.4MWh.
Portugal’s second solar auction has closed with record-breaking low prices of €11.14/mWh (US$13.12), the country’s government announced this afternoon.
