India’s government has increased basic customs duty (BCD) on solar inverters as part of efforts to bolster domestic manufacturing but has excluded modules from any changes.
Former university spin-off shares ambitions for 300,000 unit sales next year and dedicated American and European subsidiaries as it gives PV Tech a tour of its Hangzhou production line.
O&M specialist will tap into pureplay credentials and word-of-mouth to capture 1GW market opportunity created by Taiwan’s solar momentum, PV Tech hears on sidelines of trade show.
Swiss group records 91% plunge in Q2 2019 figures released two weeks after accepting to cough up US$470m for a buyer to take on its solar inverter business.
Zurich firm cites bleak outlook of global inverter segment as it moves to offload liability-ridden unit to Italian group FIMER, in return for hefty compensation.
Installers initially balked at applying innovation to 2.5MW Norwegian PV rooftop but came around after learning costs would drop by 10-15%, firm tells PV Tech.
