PV inverter manufacturer KACO new energy has said it has signed a 50MW supply deal with the Turkish project developer, Aldo Grup for planned projects through the end of 2017.
Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
Integrated PV module manufacturer REC Group said total module shipments in the second quarter of 2016 reached 326MW, bringing first half year shipments to 640MW and a 4% quarter-on-quarter increase.
In this week's Movers & Shakers, PV Tech reports on a series of solar executive board shake-ups, as well as the Solar Energy Industries Association bestowing five members of the US Congress with prestigious awards for their efforts in contributing to the ITC extension.
Leading PV manufacturing equipment supplier Meyer Burger Technology said it had been awarded new tool orders from two existing customers in Europe and Asia valued at CHF15 million (US$15.3 million).
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has withdrawn its earnings forecast for fiscal year 2016, due to PV manufacturers postponing capital expenditure (capex) plans on overcapacity and rapid price declines.
Industrial technology firm ABB is restructuring its multiple market divisions into four core divisions with its solar energy offerings including PV inverters joining its Electrification Products segment from its existing Discrete Automation and Motion (DM) division.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion plans in the third quarter of 2016, highlight an absence of China based solar cell and module manufacturers making new announcements for either domestic or overseas production.
