Major renewable energy provide SunEdison has reshuffled its executive team and roles with Carlos Domenech, president and CEO of its US-centric yieldco, TerraForm Power leaving the company, with immediate effect.
Struggling PV manufacturer China Sunergy (CSUN) experienced a significant increase in shipments and revenue from the US in its fiscal second quarter financial results.
‘Silicon Module Super League’ (SMSL) member JinkoSolar said that capacity of ingot/wafer, solar cell and solar modules would be expanded further in 2016 to meet growing demand.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has said it expects to reach nameplate capacity of 5.2GW for both solar cells and modules by the middle of 2016 as the company continues major expansions in 2015.
Updated: Subsidaries of China-based polysilicon and PV module manufacturer LDK Solar have been forced into bankruptcy proceedings in China only shortly after the parent company, formerly listed in the US, exited bankruptcy proceedings of its own.
Solar tracker manufacturer NEXTracker has said it is expanding its manufacturing presence in Brazil to capitalise on the expected PV project boom in the Latin American country.
US solar installer Vivint Solar reported both bookings and installations in the third quarter of 2015 below the prior quarter, indicating growth has stalled in the last six months. Major renewable energy provider SunEdison is in the process of acquiring the company.
Flexible CIGS thin-film consumer product producer Ascent Solar Technologies reported lower than expected third quarter sales, while reducing full-year revenue guidance on liquidity constraints in the quarter.
