europe

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.

Country opens consultation for tender offering solar and wind 20-year-PPA support on a competitive basis, with plans to hold event after summer.

Major PV inverter manufacturer SolarEdge Technologies said that strong demand from Europe supported another record revenue quarter.

LONGi Green Energy Technology continued to ride the industry wave in the transition to high-performance mono-based products in 2018, with overseas mono-module sales volume of 1,962MW, a year-on-year increase of 370%.

Move to finance panel installations with US$13,000 facilities sees the light as smaller PV segment grows exponentially to hit 415MW in Q1 2019.

Socialist poll winners should retain minister Ribera after first few months of clean energy policy achievements, say PV reps and legal experts.

BayWa r.e. divests 30.8MW Emmen project to asset manager, EBRD and GCF back 30MW project, Engie divests in Germany and the Netherlands.

‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) doubled overseas PV module shipments in 2018, while seeking a target of shipments outside of China of 80% in 2019, according to its recently published 2018, annual financial report.

Government minister notes solar’s ‘striking’ dominance as industry reaps €3.2bn of €6bn round and applies for €2.9bn of further €5bn to be awarded.

Industry continues last year’s trend as it reaps all awards at oversubscribed 210MW tender, with 18 bids contracted at an average €0.0566/kWh price.