Market research firm IHS has forecasted a slowdown in global solar PV demand growth in 2016 but the market is expected to reach around 65.5GW, compared to 58.7GW forecasted for 2015.
PV and electronics equipment manufacturing and automation specialist Manz AG has reported revenue in the first nine months of 2015 of €169 million, in line with lower guidance due to order delays and cancellations of around €140 million.
Integrated PV module manufacturer REC Solar has said its third quarter revenue reached a new record of US$234 million and module shipments jumped 101MW to 361MW.
Under plans submitted to combat climate change, renewable energy generation will more than double in eight of the world’s top 10 greenhouse gas (GHG) emitting economies by 2030, while three of those will see their nuclear generation increase tenfold.
PV inverter manufacturer SolarEdge Technologies has reported record high fiscal first quarter revenue of US$115.1 million, up 16.9% from the previous quarter and 71.8% year-over-year.
The European Commission has rejected a request by EU ProSun to replace the pricing benchmark used to determine the minimum import price applied to Chinese solar products sold in the EU.
