In this week's Movers & Shakers, PV Tech reports on various executive board shuffles; Meyer Burger lets go of its COO, SPI Energy revamps its senior management team and SEPA expands its board of directors. In addition, Mainstream Renewable Power establishes an investment arm and Chile appoints a new energy minister amidst a time of energy policy upheaval.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported a 30.5% decline in third quarter 2016 revenue, primarily due to a major slowdown in downstream PV project construction in China since the end of June and average selling price decline as overcapacity took hold in the quarter.
As we finalize the agenda for PVCellTech 2017 – to be held in Penang, Malaysia, on 14-15 March 2017 – one of the key goals is to understand how solar cell advances in mass production are driving module availability to the market.
Japanese electronics firm Kyocera Corporation reported continued pressure on its solar sector sales as solar panel price erosion and weaker demand continued to impact financials of its Applied Ceramic Products Group Sales.
Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.
Headquartered in California, Sunpreme has launched the Maxima GxB380 SM, 380W, touted as the most advanced high efficiency bifacial panels with integrated a TIGO optimizer and uses its proprietary ‘Hybrid Cell Technology’ (HCT) platform.
Maxim Integrated Products has introduced a new cell-string optimizer technology that allows PV panels to harvest significantly more energy and simplifies design complexity for solar installation projects, notably shade mitigation and eliminating hot-spots while minimizing the impact of overall power degradation mechanisms.
BrightSpot has installed its first LoadSpot panel durability testing system at the FSEC, Trina supplies 4MW carport for German airport, Dominion acquires 60MWac solar development in North Carolina from SunEnergy1.
‘Silicon Module Super League’ (SMSL) member Trina Solar has recently pulled out of a deal to have its PV modules assembled in Japan by module assembly equipment supplier and assembly sub-contractor, NPC Group.
