Independent solar power producer Sonnedix announced Thursday that it has acquired a 22MW portfolio of four ground-mounted PV projects located in the regions of Extremadura and Castilla la Mancha, Spain from a fund managed by London-based investment firm Impax Asset Management.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS reported inline second quarter revenue but margins continued to be impacted by declining average selling prices (ASP).
Leading PV microinverter supplier Enphase Energy reported a strong rebound in sales and shipments, which hit a new record in the second quarter of 2017, yet losses continue and its founding CEO, Paul Nahi announced his resignation from the company.
Key manufacturing and R&D assets of bankrupt German integrated PV module manufacturer SolarWorld AG have been acquired by its former founder and chairman, Dr. Ing. Eh Frank Asbeck.
Nanoelectronics research centre imec has taken a perovskite/silicon tandem mini-module-on-cell stack to a record 23.9% conversion efficiency, significantly exceeding its 20.2% efficiency figures reported in 2016.
Leading European PV tracker supplier Convert S.p.A has secured a major 220MW order to supply its single-axis ‘TRJ’ tracking solution for two PV power plants being built in Brazil.
Specialist solar PV equipment supplier centrotherm has warned that it is unlikely to be profitable in 2017, due to the loss of an arbitration case against a cancelled €290 million integrated (wafer/cell/module) plant in Algeria.
BayWa r.e. the renewable energies business unit of diversified German company BayWa has significantly increased revenue in the first half of 2017, having developed and sold PV power plants and increased sales of PV modules and inverters by around 50%, compared to the prior year period.