Tesla reported first quarter 2017 solar installations of 150MW, down from 201MW in the previous quarter, a 25% decrease, due to selection criteria biased towards customer owned PV systems rather than leased.
Struggling China-based PV manufacturer Yingli Green Energy has avoided another bond default with the payment of approximately US$46 million on one of its five-year unsecured medium-term notes (MTNs) that were due on May 3, 2017.
Struggling China-based PV manufacturer Yingli Green Energy has warned of delays in filing its 2016 annual report (Form 20F) with the US Securities and Exchange Commission.
Trina Solar has launched its high-efficiency P-type mono-PERC (Passivated Emitter Rear Cell) bifacial module ‘DUOMAX Twin.’ The modules have a 0~+5W positive power tolerance and have a 285-300W power range with 18% maximum conversion efficiency.
Struggling China-based PV manufacturer Yingli Green Energy, which recently reported an annual loss of US$293.6 million and total debts of US$2.2 billion has received new demands from bondholders over looming payments and partial previous defaults.
‘Silicon Module Super League’ (SMSL) member Trina Solar has secured the second largest order for bifacial modules, according to PV Tech’s analysis. The shipment occurred in April 2017 and is Trina Solar's first order for its bifacial modules.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured a US$97 million debt facility for a 92MWp project in North Carolina, US, from Prudential Capital Group and a tax equity investment commitment from US Bancorp Community Development Corporation (USBCDC).
SNEC 11th (2017) International Photovoltaic Power Generation Conference & Exhibition (SNEC 2017) in Shanghai, China maybe the largest annual exhibition in the solar industry but its sheer size and number of attendee’s can often mask emerging trends that are better highlighted at other events such as Solar Power International (SPI) in the US.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.