Major inverter manufacturer SMA Solar Technology has reported preliminary full-year 2020 financial results which met the low end of guidance but also reported a slight decline in fourth quarter sales coupled to plummeting gross margins.
Greek industrial group Mytilineos said 2020 turnover from its renewables and storage development unit was around 40% lower than forecasted due to contracting and construction delays as a result of the coronavirus pandemic.
Ahead of the Solar Finance and Investment Europe conference this week, organised by PV Tech publisher Solar Media, Gransolar Group managing partner and co-founder Ivan Higueras spoke to PV Tech about how utility-scale solar development has changed in recent years and the prominent role vanadium redox flow batteries could play in the future.
Cero Generation, intended to be among the biggest solar development companies in Europe, has been launched by Australian giant Macquarie’s Green Investment Group (GIG).
The latest round-up of project news, including updates from VivoPower on its 39MWdc Molong Solar Farm, PNE USA on four acquisitions, SolarArise on its 75MW commission and EEW on a 260MW sale.
‘Solar Module Super League’ (SMSL) member First Solar has sold a large part of its PV project business to Leeward Renewable Energy totalling around 10GW.
Single-axis tracker supplier Sunfolding has announced the appointment of former Renewable Energy Systems Americas chief executive Glen Davis as its new CEO.