Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) had previously warned that it expected to report a loss in 2016 of around US$133 million (RMB 923 million) due to a catalogue of issues but revised analysis by the company put the figure significantly higher at around US$348 million.
NEXTracker, a Flex company, has launched a solar plus energy-storage solution for US and international markets. ‘NX Fusion Plus’ integrates the latest, in solar tracker design, battery, inverter, and software to deliver better return on investment to owners of solar power plants.
Silicon Module Super League (SMSL) member Canadian Solar exceeded fourth quarter 2016 shipment and full-year guidance, due to strong demand at the end of the year but profitability was impacted by lower ASP’s and revised US anti-dumping and countervailing duties.
Over and over again, at last week’s PV Expo trade show in Tokyo, PV Tech heard that those that will survive in Japan’s PV market will be the ones in it for the long haul. Andy Colthorpe spoke to industry observers and participants to get an inside look.
Spain-headquartered solar tracker designer and manufacturer STi Norland has signed an agreement with project owners EDF Israel and Clalsun together with Belectric Israel to provide 35MW of its single-axis trackers for the Ashalim PV project.
Several GCL companies are forming a new joint venture (JV) unit to focus on downstream PV power plants that would be involved in the development, investment, construction and sale of projects with an initial investment of around US$290 million.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has established a consortium with Marubeni Corporation and the Abu Dhabi Water and Electricity Company to build a 1,177MWp (DC) PV power plant in Abu Dhabi, United Arab Emirates.