Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Two years ago the UK government’s new feed-in tariff regime came into force, starting an immensely difficult period for the solar industry. Deployment has fallen by nearly 80%, and thousands of jobs have been lost. This is the inside track of how it happened.
Residential solar system financier Sunlight Financial has announced an extension of a solar loan partnership with Tech CU that will see Tech CU commit another US$400 million for about 15,000 loans originated by Sunlight’s network of solar installers.
Saudi Arabia’s Electricity and Cogeneration Regulatory Authority (ECRA) has approved a net metering scheme that will allow self-consumption and export to the grid.
Two German-based PV inverter manufacturers Steca Elektronik GmbH and KOSTAL Industrie Elektrik GmbH have formed a business alliance to share technology developments in single-phase and three-phase devices and energy storage inverters.
Residential solar financing company Sunlight Financial announced Wednesday that Technology Credit Union (Tech CU), a credit union based in Silicon Valley, has committed up to US$500 million for about 20,000 residential PV loans originated by Sunlight’s national network of installers.
