RGS Energy (Real Goods Solar Inc.), a potential rival to Tesla’s solar tile roof system has recently succumbed to Chapter 7 bankruptcy, having failed to raise further capital on long-standing operating losses.
DNV GL has launched a new online tool, Solar Resource Compass, that aggregates solar irradiance from many leading data providers to help users make more informed decisions about the data available and the variance between data sources to help users avoid selecting the wrong data for a solar project. It also estimates loss factors for dust soiling and snow accumulation based on historical precipitation for any project site in the United States.
NEXTracker, a Flex company, has released ‘NX Navigator’, its next-generation software and smart control system that enables power plant operators to efficiently monitor and securely control their solar assets for increased production and reliable operation across a wide range of weather conditions.
According to reports, the CPIA (China Photovoltaic Industry Association) is expected to seek Chinese government support for the sector as the coronavirus continues to spread.
ROTH Capital Partners has told investors that the recent outbreak of the Coronavirus in China is likely to impact the solar industry supply chain, due to extended work stoppage in eight provinces, many being key solar manufacturing hubs, through February 9th.
China-based PV and glass manufacturer, Changzhou Almaden Stock Co Ltd was recently forced to declare that it was supplying Tesla with glass encapsulated solar roof tiles, due to abnormal fluctuations in its stock traded on the Shenzhen Stock Exchange.
Italian media are reporting arrests have been made after a probe launched into how a huge number of solar panels earmarked for recycling were subsequently re-labelled and sold to some unspecified African countries.
Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.
A wave of PV manufacturers listed on China stock markets have reported full-year net profit guidance for 2019 that indicates significant profit gains over the previous year.
‘Solar Module Super League’ (SMSL) member, Trina Solar has started producing PV modules using the largest wafer size (210mm x 210mm) technically possible today with multiple other features to provide 500W-plus modules.
