PV inverter manufacturer SolarEdge Technologies reported fourth quarter and full-year 2016 results that were impacted by a slowdown in the US residential market in the second-half of the year. European and Asia markets helped revenue grow 15% in 2016.
As part of the US Department Of Energy’s (DOE) Sunshot Initiative and led by SUNY Polytechnic Institute (SUNY Poly), the U.S. Photovoltaic Manufacturing Consortium have announced the launch of the Solar Energy Optimization Testkit, a new set of evaluation capabilities for photovoltaic systems.
One of Europe’s leading tracker vendors Grupo Clavijo has expanded its footprint into Asia with the 12.56MW Solar One Ceylon solar PV plant in Sri Lanka.
PARI Group, a number of energy saving and renewable energy businesses, has signed a letter of intent with Germany’s Renusol to acquire its European solar mounting business assets.
Solar tracker manufacturer NEXTracker has cooled reports that it is establishing a production hub in India, after reports by the country’s state news agency.
In this week's Movers & Shakers segment, PV Tech focuses mainly on executive shifts in US solar companies involved in storage, trackers, residential loans and more. The African Development Bank is also revamping its management board, with a new head of Renewables.
Solar tracking manufacturer NEXTracker has bagged an order to supply 30MW of its advanced NX Horizon single-axis trackers to Indian developer CleanMax’s 30MW solar project in the state of Tamil Nadu.
Solar Frontier Americas, the US subsidiary of one of the world’s largest CIS module manufacturers, is nearing completion of two solar plants totalling 106MW in Southern California.
A new report from GTM Research reveals that the top-10 PV inverter manufacturers accounted for 80% of global shipments in the first half of the year, while the top-5 took around 50% of the market.
