U.S. investors dominate list of non-Chinese solar asset owners
A report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the United States.
SMA holds firm as inverter revenue leader, with Huawei topping shipment charts, says IHS Markit
Latest market data from analysts shows that Huawei shipped the most inverters last year, followed by Sungrow, while SMA, Huawei and SolarEdge pulled in the most revenue worldwide.
Solar corporate funding activity increases by 100% in Q1, finds Mercom Capital
Total corporate funding across the global solar industry reached $3.2bn in the first quarter of the year, which is a 100% increase on Q4 2016. This rise is largely due to increased debt financing activity, said Mercom Capital Group CEO Raj Prabhu.
Spending less, getting more: renewables more cost-effective than ever in 2016, finds UN report
The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.
First Solar seeking sale of its share in yieldco 8point3 Energy
The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
Global battery pipeline reaches 3.4 GW in Q1
Latest data from market analysts IHS Markit reveals a utility-scale global battery storage pipeline of 3.4 GW, but the U.S. market is expected to slow as completions outpace new announcements.
Enphase introduces redesigned microinverters to U.S. market
The Enphase IQ microinverter is around 30% lighter than previous iterations and will serve to usher in Enphase Energized AC Modules to the U.S. residential solar sector.
Canadian Solar 2016 results show impact of lower module prices
The Chinese solar company shipped 5,232 MW in 2016 but saw its revenue fall from $3.5 billion in 2015 to $2.8 billion last year as the global price squeeze on solar modules hit the firm’s bottom line.
EV growth gives lithium-ion batteries cost edge in storage
The growing demand for affordable electric vehicle batteries is driving cost reductions in lithium-ion battery technology, which is beneficial for affordable stationary storage, according to a new Lux Research report.
Enphase finalizes $50m refinancing package
Extension of long-term loan facility with Tennenbaum Capital Partners used to pay-down Wells Fargo line of credit and support Enphase’s expansion efforts for its home energy solution.
