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Enphase earnings increase yet shipments dip as supply chain restraints persist
of supply, Enphase said. In Q2 Enphase derived 81% of its revenue from the United States, a number which would certainly have been higher were it not for supply chain
Jul 28, 2021 // Markets & Finance News, USA, Enphase Energy, North America, grid services, iq7, IQ8
Roth: Trump administration could end bifacial tariff exemption
The U.S. Trade Representative has not responded to claims it will end the exemption from Section 201 duties. If true, the development could be a big hit for Asian PV manufacturers and an annoyance for the U.S. market – but a positive for First Solar.
Oct 4, 2019 // Manufacturing News, Markets & Finance News, Tariffs, USA, First Solar, Trump, North America, Philip Shen
JinkoSolar reduces 2021 shipments advice by up to 5.7 GW, plots significant n-type expansion
JinkoSolar has actually lowered its shipments support for the year, lowering its top end assistance by greater than 5GW as it blamed recurring logistics issues and port clogs.
Dec 1, 2021 // Manufacturing News, Markets & Finance News, USA, JinkoSolar, Asia, North America, Vietnam, Xiande Li, n-type, tiger neo
Maxeon's change 'nearly in position' as it upgrades production centres and lands SunPower contract
The foundation of a "transformed Maxeon Solar Technologies" is almost in place, according to the business's CEO, after it resolved its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.
Mar 25, 2022 // Markets & Finance News, SunPower, financial results, Maxeon, shipping
British Intl Invt spends $89 M to scale renewable energy in India
The DFI's investment is consisted of a Rs 350 crore (United States $47 million) follow-on commitment to 4th Partner Energy, and a Rs 315 crore (US $42 million) project finance debt investment to Thar Surya 1 Private Limited-- an Indian subsidiary of Enel S.p.A, Italy (Enel).
Mar 31, 2022 // Markets & Finance News, finance, British International Investment, CDC group, Srini Nagarajan, UK's development finance institution, DFI
The US tops 37.9 GW of large scale solar
That record figure of utility scale PV was under contract at the end of June with 8.7 GWdc under construction. However, installation levels fell slightly, year-over-year.
Sep 17, 2019 // Plants, Large-Scale, Commercial, Residential, USA, ITC, Texas, Wood Mackenzie, North America, Minnesota
Shoals beats 'challenging environment' with record revenue and also profit in Q2
US solar product supplier Shoals Technologies Group saw record revenue as well as gross profit in the second quarter of 2022 because of strong demand for its combine-as-you-go system as well as a large number of new customers buying up components.
Aug 16, 2022 // Markets & Finance News, USA, financial results, North America, BOS, shoals technologies, shoals, big lead assembly
Sol Systems-backed JV finishes purchase of 20 North Carolina solar projects
A joint venture in between Sol Systems as well as economic solutions strong Nationwide has actually completed the purchase of 148MW of US solar properties from Cypress Creek Renewables.
Aug 26, 2020 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North Carolina, utility-scale PV, Cypress Creek Renewables, North America, sol systems, nationwide, helios infrastructure, Jessica Robbins
GCL-Poly anticipates losses of over US$ 200 million in first fifty percent of 2020
Significant polysilicon and also solar wafer manufacturer, GCL-Poly has actually warned capitalists that it expects to make a bottom line of at the very least RMB 1.5 billion (US$ 217 million) for the very first half of 2020 as market demand and also other issues influenced profitability.
Aug 26, 2020 // Markets & Finance News, c-si manufacturing, monocrystalline wafer, GCL-Poly, siemens polysilicon
Array Technologies bags one more 1GW solar tracker supply contract
Array Technologies has actually secured a contract to supply 1GW of its single-axis solar trackers to RP Construction Services (RPCS), a US-based supplier of design and installment services for PV projects.
Dec 1, 2020 // Plants, Large-Scale, Commercial, USA, tracker, North America, Array Technologies, Jim Fusaro, duratrack, Eb Russell