Qatar Solar Technologies (QSTec) has taken a 49% stake in SolarWorld Industries GmbH, the new entity that purchased SolarWorld AG’s core manufacturing assets, according to reports in Qatar.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
Two German-based PV inverter manufacturers Steca Elektronik GmbH and KOSTAL Industrie Elektrik GmbH have formed a business alliance to share technology developments in single-phase and three-phase devices and energy storage inverters.
Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
Plans for the largest solar farm in Scotland have been approved, allowing Elgin Energy to construct what is expected to be a subsidy-free 20MW development on the north coast.
The insolvency administrator for SolarWorld AG's shares in Solarparc GmbH, Deutsche Lithium GmbH and SolarWorld Americas said it was focusing its efforts on finding buyers for these companies.
A hard Brexit would run the risk of endangering the UK's progress towards a more decarbonised and secure power market, a think tank in the country has warned.
German gas and power company Gasag announced that it is investing around US$37.7 million over the next two to three years for a portfolio of PV projects totaling 40MW.
Major PV inverter manufacturer Sungrow Power Supply Co Ltd has reported strong first half-year financial results due to strong demand in China and key markets such as South East Asia.
Tenders for solar-plus-storage projects on French island territories including Corsica, Guadeloupe and Martinique have resulted in winning bids often 40% lower than the victors of previous reverse auctions.
