The US installer will use the funding to refinance a working capital facility and purchase equipment that will qualify its projects for the full ITC rate before it depreciates to 26% on 1 January.
Operators tell PV Tech of large-scale growth expectations for next year regardless of minor subsidy drop for large-scale and residential PV, proposed in latest government draft.
Leading microinverter supplier, Enphase Energy shipped over 1.2 million units in the second quarter of 2019, with its latest IQ 7 model accounting for around 98% of shipment total.
Van der Valk Solar Systems and BirdBlocker have teamed to bring the ‘BirdBlocker’ device to the UK and Ireland. Birds can build nests under rooftop PV panels, which can result in sound pollution or damage to the panels and PV system. The BirdBlocker system is designed to be installed easily with new panels or retrofit.
Significant deployment uptick expected for the next two years even as sector faces land acquisition and network challenges, says Bridge to India report.
BIPV has remained a niche market in Europe for more than 10 years. According to trade group SolarPower Europe, over 200 BIPV products are available in Europe and future growth could be pegged to further legislation in the EU, such as the European Energy Performance of Buildings Directive (EPBD).
Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.
