International solar PV systems integrator Phoenix Solar has lowered its full-year revenue guidance a second time but added a profit warning as delays in project approvals increase due to the US ITC ‘Section 201’ trade case creating market uncertainty.
PV inverter manufacturer KACO new energy said it has secured orders totalling 550MW in the third quarter of 2017 with cumulative sales so far in 2017 of around 1.95GW, marking orders almost 70% the prior year period.
The first PV ModuleTech event is due to take place in Kuala Lumpur on 7-8 November, and the event is poised to explain and define the key module suppliers, technologies and audited metrics that are imperative to developers, EPCs, investors and asset owners for utility-scale solar module deployment in 2018 and beyond.
China-based PV energy provider (PVEP) Panda Green Energy Group has reached a milestone of over 1.5GW of grid-connected solar assets with a recent acquisition of a 50MW grid-connected solar power plant in Inner Mongolia.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has secured its first order in Australia for its recently launched ‘Super 2.5 MW Solar Block’ modular plant system from Australian-based power station developer APSU Power.
GCL System Integration Technology (GCL-SI) has launched its first modular PV power plant system. The ‘Super 2.5 MW Solar Block’ system utilizes GCL-SI’s 96-cell modules with a specially developed horizontal single axis tracker to accommodate the large-area modules as well as an all-in-one Inverter Power Container for 1500V DC system voltage.
What a start to the PV Taiwan 2017 week! There have been some rather tame mergers and acquisitions in the solar PV industry over the years - not to mention the shuffling of zombie factories within China – but the news today that Neo Solar Power, Gintech Energy Corp., and Solartech Energy are planning to merge is worthy of far more scrutiny.
PV manufacturer and EPC firm Jiangsu Zhongli Group Co., Ltd has recently secured a number of ‘Poverty Alleviation’ projects in China totalling around 606MW, bringing its total to almost 930MW.
‘Silicon Module Super League’ (SMSL) member Canadian Solar is selling various interests in three solar farms in Queensland, Australia to UK-based renewables firm, Foresight Solar Fund.
Things can change very quickly in the solar industry, and no more so than when new trade-related cases are introduced or existing ones are amended in scope. Often companies – and in particular module suppliers relying on export revenues – suddenly find themselves with a golden opportunity that was previously not in their strategies, or have barriers unlocked that remove competitors based in other countries.
