Spanish EPC Elecnor has been appointed as the lead contractor for the first phase of Australia’s largest hybrid solar and battery energy storage facility.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Solar reps join push to ensure government adds green energy to list of sectors allowed back to work starting next month, amid talk of paralysed 2.23GW under-construction pipeline.
Major PV inverter manufacturer Sungrow Power Supply Co exported a total of 9GW of PV inverters to overseas markets in 2019, an 87.5% increase year-on-year, due to the significant decline in solar installations caused by policy changes in the Chinese domestic market stretching back to May 2018.
Coronavirus-driven manufacturing delays and supply chain constraints in China are starting to impact both upstream PV manufacturers and downstream installers across other countries.
Managing director recounts EPC's journey to the heart of Malaysia's current large-scale solar boom and lays out expansion plans in Vietnam and the Philippines.
EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
