PV inverter manufacturer SolarEdge Technologies reported lower third quarter revenue and guided further revenue declines through the end of the year on weak US residential market and continued ASP pressure in the highly competitive inverter market.
Hamburg-based O&M provider greentech has acquired the Germany-based service business of Conergy known as Conergy Services GmbH, which is also based in Hamburg and Leipzig.
As the news sinks in about the newly-elected US president Donald Trump, who shocked the world by narrowly beating Democratic challenger Hillary Clinton, industry stakeholders are taking stock.
PV power plant system integrator Phoenix Solar said that delays to building power plant projects in the US and Turkey would result in lower than expected full-year 2016 revenue and profits.
The Indian and UK prime ministers Narendra Modi and Theresa May have unveiled plans to establish a joint research and development centre to support solar innovations.
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!
