Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.
SEIA calls for ‘cultural change’ as stats depict white male-dominated industry and Momentum Solar becomes latest firm to face discrimination court case.
Plan unveiled weeks ahead of election would invest AU$1bn to turn 4,000 education centres into virtual power plants by adding 364MW of solar and batteries.
ADB offers US$100m for renewables in Pacific Islands, PetroSolar connects 20MW Filipino plant to Luzon grid, University of Queensland starts building 64MW solar farm, Technique Solaire bags financing for 47MW France portfolio.
Renewable energy firm, Enel Green Power is deploying leading-edge bifacial modules at two utility-scale PV power plant projects in Mexico and Australia, highlighting a recent preference for bifacial PV technology.
PV industry says annual 400MW could be added as new rules push country to an era of untaxed, remunerated self-consumption and legal shared arrangements.
The US and Latin America continued to lead the way in the PV tracker market last year, with global shipments surpassing 20GW (up 36% y-o-y), according to the latest Wood Mackenzie Power & Renewables report.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp recently held its ‘Capital Markets Day’ event that indicated a slow turnaround in its business fortunes would be a key development in 2019.
A key challenge for a company that has undergone several major restructurings in recent years has been the lack of profitability.
