News

For the second half of the year, the German inverter producer expects a significant increase in revenues and earnings, mainly due to high order intake. It also confirmed its forecast for the full fiscal year, despite declining sales and sales in the first six months of 2019.

Daqo New Energy has agreed to supply 112,800 MT of polysilicon to Longi Green Energy Technology. The two parties did not disclose the financial terms of the three-year deal.

Chinese PV module maker Risen Energy says it has achieved its highest jump in solar module sales in the Australian market in a one-year period.

Besieged Energy Minister Lily D’Ambrosio insists the number of rooftop solar panel installations in Victoria this year under the government's rebate scheme will far surpass last year's numbers.

The largest U.S. residential solar installer hit deployment expectations and built out its battery business in the second quarter.

Hawaii’s residential solar market continues to contract, a phenomenon the industry largely attributes to policy changes that went into effect after the state ended net energy metering in 2015.

Portugal has unveiled the final results of the solar auction held over the summer, identifying a handful of major foreign winners of a tender hailed as a worldwide milestone.

Back-contact module manufacturing equipment supplier Eurotron said its previous MWT (Metal Wrap Through) order from China-based PV module manufacturer, Sunport Power had been installed, qualified and begun volume production.

The Swiss battery maker Leclanché will build a 35.6 MW / 44.2 MWh solar-plus-storage power plant, which will provide with clean power state-owned St.Kitts electric utility Skelec over a 20-year period. The new facility will be able to cover around a fourth of the archipelago’s total electricity demand.

Chinese thin film producer Hanergy has set a new record of 24.85% module efficiency for silicon heterojunction technology. The record was achieved at the company’s research & development center in Chengdu, China, and has been confirmed by the Institute for Solar Energy Research in Hamelin, Germany.

Energy analysts from the United Kingdom have found that many of the world’s largest car manufacturers that are launching EVs, or looking to launch EVs, are engaged in an “unprecedented” level of collaboration in order to share the costs and risks inherent in EV development. Cornwall Insight found that the collaboration could see a major boom in supply from the early 2020s.

Pestech, a Malaysia-based electrical power technology company, has entered into a partnership with Chinese inverter maker Sungrow to jointly develop new floating solar solutions.

The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.

French renewables developer Neoen has won development approval from the South Australian government for a major renewable energy project, with 125 MW of wind, 150 MW of solar PV and 130 MW/400 MWh of lithium-ion battery storage. The project could also include up to 50 MW of on-site hydrogen production capability.

Earlier this week, the French government published a list of winning projects for the sixth round of its tender for large-scale solar. There were a few changes from the preceding round, with French companies such as Urbasolar, Engie and Total consolidating their positions. However, even though a higher number of projects were submitted, prices increased slightly in the end. In a short conversation with pv magazine, Xavier Daval — a representative of SER, the French renewable energy association — explained the reasons for this.