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.
PV inverter manufacturer SolarEdge Technologies has reported another quarter of record revenue and shipments on strong demand from key markets such as the US and Europe. The company also guided revenue much higher for the third quarter of 2017.
Major PV inverter manufacturer SMA Solar Technology has raised its full-year revenue guidance range on a 25% increase in its order backlog on strong market demand in all regions served and notably in the Asia-Pacific region (APAC).
Bankrupt German integrated PV module manufacturer SolarWorld AG has announced the resignation of its Management Board, excluding founder and chairman, Dr. Ing. Eh Frank Asbeck.
Delhi becomes the first ever green Metro, World Bank launches Pacific PV map, IBC Solar completes Turkey plant, PG&E funds multi-family solar programme, ACC and Huali complete rooftop project.
The pioneer of floating solar power plants, French company Ciel & Terre (C&T) International has collaborated with Portuguese energy firm EDP (Energias de Portugal) Group to design and build the first floating solar project at an existing hydro-electric power station at a dam located at the mouth of Rabagão river in Montalegre, Portugal.
