Swiss group records 91% plunge in Q2 2019 figures released two weeks after accepting to cough up US$470m for a buyer to take on its solar inverter business.
Zurich firm cites bleak outlook of global inverter segment as it moves to offload liability-ridden unit to Italian group FIMER, in return for hefty compensation.
ADB supports 50MW Kazakhstan PV project, Siddiqsons applications for 100MW in Pakistan, ABB supplies 9MW Greece solar plant, Sonnedix refinances 32MW solar portfolio in France, Eni commissions solar water system in Angola.
SMA to supply inverters to 50MW Mali solar plant, EIB to provide US$87 million to Mexican solar, Solkompaniet completes largest solar project in West Sweden.
Clenergy to supply 100MW of mounting structures to Vietnam project, SMA provides 1.8GW of solar inverters to Australia in 2018, The Philippines launches green airport
SMA surpasses 400MW solar inverter sales in Vietnam, Hevel supplies 105MW of HJT modules to T Plus, Tata Power Solar launches residential rooftop solution in Bhubaneswar