Single-axis PV tracking systems specialist NEXTracker, acquired by contract manufacturer, Flextronics International (Flex) said it had reached the milestone of shipping a total of 3GW of tracker systems, globally.
GCL System Integration has bought a 51% stake in One Stop Warehouse, an Australian wholesale distributor of solar products, claiming it has been partly pushed by anti-dumping rules affecting its module supply business in Europe and the US.
The Australian Renewable Energy Agency (ARENA) is providing AU$17 million (US$13 million) funding for nine renewable energy research and development projects looking at energy storage and solar PV among other technologies.
Industry-watchers, environmental groups and think tanks have commented on news this morning that the biggest coal mining company in the US, Peabody Energy, has filed for Chapter 11 bankruptcy protection, citing downturn in the coal industry as a major factor.
Major PV inverter manufacturer SMA Solar Technology continues to lose market share by shipments, according to the latest research report from GTM Research.
Last month Israeli inverter manufacturer SolarEdge revealed it had sold its 10 millionth power optimiser. With half of those shipped in 2015, there appears to have been a discernible change in attitudes recently toward module-level power technologies. SolarEdge’s Lior Handelsman explains why.
SMA is aiming to tackle the market for retrofitting energy storage systems in to existing home PV installations, with a new AC-coupled version of its Sunny Boy inverter suitable for high voltage batteries.
Diversified renewables firm Shunfeng International Clean Energy (SFCE) has warned that profits for the full-year 2015 would be lower than expected and below the previous year, due to a number of issues that include lower product ASPs.
