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.
Specialist PV manufacturing equipment supplier RENA Technologies has secured a significant tool order from China-based LERRI Solar said to be in the double-digit million euro range to meet more than 2GW of monocrystalline PERC solar cell production.
This week's Movers & Shakers features some of the US' biggest integrated solar companies, including Vivint Solar, First Solar and Sungevity. PV Tech also reports on management shuffles in Australia and speaks with new SunShot Initiative director Charlie Gay on what is driving US solar's success.
