OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.
Major monocrystalline wafer producer Longi Silicon Materials has signed land and development contracts with the Yinchuan Economic and Technological Development Zone Management Committee to build a 3GW monocrystalline silicon facility in Yinchuan City, Ningxia Hui Autonomous Region, China.
Skytron energy claims the newest version of its remote PV system supervision software, PV Guard, has been designed to cope with the growing importance of Big Data in energy networks.
The worldwide market for module-level power electronics (MLPEs), including PV microinverters and power optimisers, is expected to reach US$1 billion by 2019, according to IHS.
The precarious financial position of major tier-one PV manufacturer Yingli Green was further highlighted in its second quarter financial results and subsequent earnings call with financial analysts.
Australia’s Clean Energy Finance Corporation (CEFC), the government body aiming to mobilise capital investment in the country’s renewable energy sector, has introduced an AU$250 million (US$175 million) financing programme for the development of large-scale solar.
GCL Poly is in the process of selling off its non-solar businesses and will emerge from a proposed US$500 million sale to focus on polysilicon and wafer manufacturing and sales, as well as PV plant development.
Australia’s largest PV array, the 102MW Nyngan project in New South Wales, has delivered 60,000MWh of power to the national grid in its first three months of operation, the country’s renewable energy agency has said.
PV developer SunEdison has installed eight solar systems for India’s Delhi Metro Rail Corporation (DMRC), which is the biggest consumer of electricity in the state of Delhi.
