Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Driven by declining module costs, solar was by far the world’s leading power-generating technology installed in 2019, making up 45% of new capacity, according to BloombergNEF.
DSM Advanced Solar and Independent Power Producer (IPP) SolarKapital have achieved a 4% energy gain at a 500kWp PV power plant in Türkenfeld, Bavaria, Germany by deploying DSM’s retrofit Anti-Reflective (AR) coating technology on First Solar’s CdTe panels.
Portugal’s second solar auction has closed with record-breaking low prices of €11.14/mWh (US$13.12), the country’s government announced this afternoon.
KSTAR has launched a new 1100V string grid-tied PV inverter with advanced features to support the adoption of high-performance bifacial modules and energy storage systems (ESS) for commercial & industrial (C&I) PV power plants designed to meet a wide-range of applications.
Global corporate funding for solar projects in the first half of 2020 was US$4.5 billion, a 25% drop year-over-year, according to a report from Mercom Capital Group.
Trina Solar has launched its latest ‘Vertex’ solar panel series, designed with a new platform of technology innovations to provide ultra-high performance for utility-scale PV power plant applications with a path to 600W panels in 2021.
