Yingli Green Energy the eighth largest PV module manufacturer in 2016, according to the latest PV Tech rankings (by shipments), is to supply an unnamed customer in Australia with 13.3MW of its 72-cell 1500V series modules.
Integrated PV manufacturer and project developer ReneSola said it planned to undertake a reverse stock split in February, 2017 to restore its compliance with the New York Stock Exchange’s (NYSE) minimum US$1.0 stock price rules.
Specialist German-based PV module manufacturer Solarion is expanding its c-Si-glass-foil module production to meet parent company, OC3 AG pipeline of commercial and industrial rooftop projects in Turkey.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million.
Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.
Major PV inverter manufacturer SMA Solar Technology has claimed to have shipped over 1GW of inverters to India in 2016, holding a 26% market share, based on its figures that the market size in the country reached 3.9GW.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has sold two PV power plants in Ontario, Canada to subsidiaries of Concord Green Energy Inc for around US$115 million.
Edisun Microgrids has launched the first dual-axis solar tracker strategically designed and built for the commercial and industrial rooftop sector. ‘PV Booster’ claims to provide yields of 20% and higher, compared to fixed mounted modules.
‘Silicon Module Super League’ (SMSL) member Trina Solar has supplied 33,800 multicrystalline 260W 60-cell Honey modules to the Yahyalı Solar Power Plant in Turkey, said to be one of the largest plants built in the country to date.