The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
Struggling China-based PV manufacturer Yingli Green Energy reported a full-year 2016 net loss of US$293.6 million with the majority of losses attributed to manufacturing impairment and supplier bad debt provisions incurred in the fourth quarter of 2016.
Solar Systems LLC announced that the first delivery of PV modules have arrived for the 15MW Zavodskaya solar plant in the village of Volodarskiy —located in the Astrakhan region of Russia.
The Solar Energy Research Institute of Singapore (SERIS) at the National University of Singapore (NUS) has developed the world’s first full-sized Interdigitated Back Contact (IBC) bifacial solar module using International Solar Energy Research Center (ISC) Konstanz, ‘ZEBRA’ solar cells.
Spain’s Ministry of Energy, Tourism and Digital Agenda has announced that the country’s 2-3GW renewable energy auction will take place on 17 May, following the approval of the final two Resolutions to carry out the tender.
Global clean energy investment in the first quarter of 2017 was down 17% compared to Q1 2016, as market leaders China and the US scaled back support for wind and solar farms.
Spain has made the second of four steps necessary to carry out its 2-3GW renewable energy tender by passing a ministerial order, but the country’s main solar association has taken issue with with what it believes is a blatant favouring of wind energy in what should be a technology neutral auction.
German PV inverter manufacturer KACO new energy said it expected shipment volumes in 2017 to reach almost 2.5GW after booking 600MW in the first quarter.
China-based PV energy provider (PVEP) United Photovoltaics Group said it would be changing its name in response to its direct involvement with the United Nations Development Programme (UNDP) designed to promote both youth engagement and sustainable development and build PV power plant in the shape of a Panda.