Sydney’s unique remote sensing technology developer Fulcrum3D has launched in Australia an advanced cloud tracking system that enables cheaper renewable energy by forecasting the power output of PV plants.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
The Jamaican Office of Utilities Regulation (OUR) has announced the winner of its most recent renewable energy procurement project. The preferred selected bidder, Eight Rivers Energy Company (EREC), is to construct, operate and own a 33.1MW solar PV plant at Paradise Park in Westmoreland, at a proposed lowest electricity price of 8.54 US cents/kWh.
SolAero Technologies, a provider of satellite solar power and structural solutions, have officially acquired Vanguard Space Technologies — a provider of aerospace structural products and assemblies.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has made further revisions to its planned manufacturing capacity expansion plans for 2016, while reiterating previously guided PV module shipments for the year.
Struggling China-based PV manufacturer Yingli Green Energy has reported a full-year 2015 net loss of US$864.6 million on revenue of US$1,538.5 million. The company had recently guided a net loss in the range of US$894.1 million to US$909.7 million.
French oil major Total’s €950 million acquisition of battery manufacturer Saft puts the company at the front of the pack of fossil fuel firms looking to diversify, according to SolarPower Europe CEO James Watson.
French renewables firm Engie, formerly GDF Suez, the largest independent power producer in the world, recently signed a long-term PPA for a 100MW concentrated solar power (CSP) project in South Africa.
SunEdison yieldcos TerraForm Power and TerraForm Global have amended agreements with key lenders to allow them more time to file their financial results and audit.
China-based polysilicon production Daqo New Energy Corp said polysilicon shipments to third-parties would continue to decline as in-house wafer production continued to expand and its polysilicon facilities running at full-capacity.
