While there is no shortage of leading indicators in the PV industry that can be used to predict future trends in manufacturing and across the various companies involved in this space, one of the most pertinent ones relates to capital expenditure (or capex).
This week's segment mainly focuses on career moves in the US - featuring some of the nation's biggest energy players, including SunPower, NEXTracker and the SEIA. There is also news from key energy agencies including the IEA, FERC and the New York PSC.
Mexico's SENER forecasts massive solar growth, with a 20-fold increase totalling 5.4GW by the end of 2019. In Spain, the long-anticipated renewable energy auction is given a confirmation for the first quarter of this year. Over in Chile, solar energy is being used to power the Santiago metro, through SunPower's El Pelícano project.
SunPower and Sulphur Springs Valley Electric Cooperative (SSVEC) dedicated a 20MW PV project Wednesday in Cochise County, Arizona, that will generate clean energy for customers in SSVEC’s service area.
High-efficiency PV module producer and project developer SunPower is to take over its joint venture (JV) solar cell manufacturing operations in Malaysia from Taiwan-based partner AUO, a subsidiary of AU Optronics Corporation at a cost of US$170 million, payable over the next four years.
Leading high-efficiency module manufacturer SunPower stunned the market in releasing second quarter financial results with another round of manufacturing restructuring and refocus on its business strategies.