Independent power producer Etrion Corporation said it was evaluating the possible sale of its 60MW PV power plant portfolio in Italy to raise funds to expand project development in Japan.
Summer wildfires across the West Coast of the US have significantly impacted the output of solar PV projects in the region with smoke cover reducing irradiance levels, according to environmental and industrial measurement firm Vaisala.
Renewable energy firm BayWa r.e has partnered with US PV project developer, Geenex Solar to build 350MW of PV power plant projects across North Carolina and Virginia. BayWa r.e. will provide turn-key engineering, procurement, construction, financing and O&M services.
Renewables firm SunEdison currently in Chapter 11 bankruptcy proceedings said in a SEC filing that it had received around 100 bids for parts and all assets of the company, yet the ‘sum of the parts’ equated to approximately US$1.25 billion to US$1.7 billion of potential total gross proceeds, far below incurred debts estimated at almost US$12 billion, excluding its two yieldco’s.
Sungrow Power Supply Co officially released the world’s first 1500V string inverter. The SG80HV has a power output of 80KW rated at 1500VDC. With a 2.5MW PV power block design and the ability to lift the maximum efficiency to 99%.
SunLink Corporation has expanded its portfolio of photovoltaic project solutions with the launch of the ‘TechTrack Distributed’ single axis tracker. TechTrack Distributed introduces ‘dynamic design,’ providing site flexibility and reductions in total project costs. TechTrack Distributed is the second single-axis tracker in the company’s TechTrack product line, joining the internationally deployed TechTrack Centralized. The new system is being showcased at Solar Power International 2016.
China-based renewable energy provider Huaneng Renewables reported first half 2016 revenue of RMB 4,914.3 million (US$735.58 million) a 25.3% increase over the prior year period, partially driven by a 26.1% increase in electricity generated from its PV power plant operations.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) has reported first half year 2016 financial results wherein its grid connected PV Power plant capacity of 1,780MW is unchanged from the end of 2015.
China-based PV Manufacturer GCL System Integration Technology (GCLS) and downstream PV energy provider sister company, GCL New Energy (GCLNE) have both released strong financial results for the first half of 2016.
