Twins are now running Spain’s energy ministry with the surprise appointment of Alvaro Nadal as the new Spanish energy minister over his brother Alberto Nadal.
In this week's Movers & Shakers, PV Tech reports on various executive board shuffles; Meyer Burger lets go of its COO, SPI Energy revamps its senior management team and SEPA expands its board of directors. In addition, Mainstream Renewable Power establishes an investment arm and Chile appoints a new energy minister amidst a time of energy policy upheaval.
Leading CdTe thin-film producer First Solar has sold its PV power plant monitoring, control and supervision systems subsidiary, skytron energy to German business management firm, Liberta Partners. Financial details were not disclosed.
Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.
In this week’s Movers & Shakers segment, PV Tech reports on JinkoSolar bringing solar PV front and centre at Europe’s B20 Energy, Climate & Resource Efficiency Taskforce, former SEIA chief Rhone Resch’s new industry venture, and utility-scale wind and solar projects in south Australia. Also this week, PV Tech partners with the Global Energy Talent Index - complete the survey for a chance to win!
Major polysilicon producer Wacker Chemie has reported that polysilicon sales declined 6.8% in the third quarter of 2016, due to weaker demand and ASP declines, specifically in September.
KACO new energy has signed off on a deal to supply 2.5MW of inverter capacity to Hungary. The order has been placed with the German photovoltaic specialist by Hungarian EPC and distributor Szalontai.
Spain’s new minority government is set to herald a new wave of gigawatt-scale renewable tenders and its lack of majority may even lead to the lifting of a controversial ‘Sun Tax’ on solar self-consumption.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
Munich-headquartered E.ON has partnered with fellow German energy firm metecontrol to launch a control console that allows for the remote monitoring and operation of PV systems.
