‘Silicon Module Super League’ (SMSL) member Canadian Solar reported first quarter 2018 financial results that were better than expected as revenue and shipments were higher than guided with further PV power plant sales completed in the quarter.
Ingeteam has signed contracts to supply inverters to 555MW of solar projects in Mexico, mainly in large-scale systems but also for commercial plants based on string inverters.
According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
Leading solar tracking company NEXTracker said it had achieved 100% on-time delivery for Enel Green Power’s 754MW PV power plant in Mexico, which has deployed its Gen2 ‘NX Horizon’ self-powered tracker system.
Gostaresh completes 10MW PV project in Sistan and Baluchestan, Zambia readies 100MW solar tender under GET FiT programme, ADB launches government rooftop PV projects in Micronesia, Seraphim module supply agreement in Mexico with Solar Center.
Acciona Energía has started construction on a 404MW solar project in the Mexican state of Sonora, which has been developed in a 50:50 joint venture with Tuto Energy.
GTM Research’s latest ‘Global Solar Demand Monitor’ report has highlighted that 13 countries by the end of 2018 would exceed the 1-gigawatt level of annual PV installations, up from eight in 2017.
