Bloomberg New Energy Finance (BNEF) has reported that Global solar investments topped US$160.8 billion in 2017, an 18% increase over the previous year and importantly, despite capital costs declining around 25%.
Meca Solar has launched ‘Hyperion-SR,’ which is touted to be the most advanced single row horizontal tracker on the market. Main features are minimum number of piles per MW, self-powered operation, wireless communications, extended slope tolerances and sophisticated optimization.
Major PV inverter manufacturer Sungrow Power Supply Co is targeting the MENA region with its latest 3.125MW 1500VDC Turnkey Station as well as its SG125HV, the world's most powerful 1500VDC string inverter after showcasing them at the World Future Energy Summit being held at the Abu Dhabi this week.
The planned merger of Taiwan-based PV manufacturers Gintech Energy, Neo Solar Power (NSP) and Solartech Energy to be called United Renewable Energy Co (UREC) is to receive an investment from the Taiwan government, according to reports.
German-based monocrystalline PERC (Passivated Emitter Rear Cell) PV module manufacturer SolarWorld Industries is shipping a total of 60MW to Turkey-based EPC firm, Inosolar in the first half of 2018.
International solar PV systems integrator Phoenix Solar has announced that its CEO, Tim P. Ryan is set to leave the company in the next few days, only around a month after the company entered insolvency proceedings in Germany.