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.
US-based Burnham Nationwide has developed the BurnhamEYE, a mobile application that provides a consistent and secure way of documenting, reporting, and archiving data in order to verify the quality and code compliance of solar installations.
Telergon’s S6000N DC switch disconnector from distributor Switchtec has been introduced to meet the demand for this type of product as a result of the increased usage of 1500VDC generation in photovoltaic (PV) utility scale systems.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar exceeded PV module shipment guidance in the second quarter of 2016, partially driven by increased shipments to China. China became the largest contributor with external shipments growing 150.1% sequentially and 118.7% year-over-year. Quarterly module shipments were the second highest on record.
Array Technologies has launched it next generation DuraTrack HZ v3 solar tracking system for utility-scale power plants. DuraTrack HZ v3 offers unique features such as a single-bolt per module clamp and zero scheduled maintenance. This new version is designed to deliver a variety of efficiencies allowing faster installation times, elimination of scheduled maintenance costs and maximizes power plant up-time to deliver optimum LCOE (Levelized Cost of Electricity).
