PV inverter manufacturer SolarEdge Technologies reported fourth quarter and full-year 2016 results that were impacted by a slowdown in the US residential market in the second-half of the year. European and Asia markets helped revenue grow 15% in 2016.
Nuon, the Dutch subsidiary of energy company Vattenfall, announced earlier this month that it is planning to add a 70MW portfolio of solar projects at six windfarms located across the country.
Leading thin-film specialist First Solar will transfer its existing business development resources in Turkey to Turkish industrial conglomerate Zorlu Solar and will close its Istanbul office.
China-headquartered solar cell and module manufacturer China Sunergy (CSUN) said in a joint statement with the California Governor’s Office of Business and Economic Development (GO-Biz) that it was establishing a solar module assembly facility at the McClellan Business Park near Sacramento, California.
Specialist PV manufacturing equipment supplier Amtech Systems highlighted the confidence it had in a series of major new orders for high-efficiency n-type PERC and n-type bi-facial cell equipment including the first of a multi-phase 1GW turnkey project order during the reporting of its first 2017 fiscal quarter.
Integrated PV manufacturer SolarWorld is to shift its production focus to monocrystalline PERC (Passivated Emitter Rear Contact) cells and modules and away from multicrystalline to build economies of scale with high-efficiency only products. With the realignment of production to mono PERC products, including bifacial modules, around 400 jobs would be lost by the end of 2019.
This week's Movers & Shakers segment features a company rebrand, a global expansion for India's Adani and good news for US solar, which has experienced 25% jobs growth year-on-year.
The Minimum Import Price (MIP) agreement between the EU and Chinese solar manufacturers requires urgent reform as the 3 March extension deadline draws near.
