Flex survives a $500 million loss in business after SunEdison flamed out
Through no fault of its own, the energy-storage manufacturer revealed on its most recent earnings call that the continuing SunEdison fiasco cost it $500 million in revenue in 2016 – but it lived to tell the tale.
SMA’s yearly financials show record sales output, but a drop in revenues
Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.
UL to give the skinny on IEC 61730 updates
The international PV module standard IEC 61730 went through significant alterations this year, and on Thursday UL will host a webinar to explain the changes.
Enphase receives much-needed influx of cash
The struggling microinverter manufacturer, which has posted quarterly losses in every quarter since Q3 2015, received a $10 million bailout from two institutional investors.
Tesla to power Nevada gigafactory entirely with solar
The 70 MW system is just one aspect of the plant’s commitment to 100% sustainability – but the company says it will be seven-times larger than the largest rooftop solar system currently installed.
China continues dominance of global renewable energy
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.
New import duty calculations put higher rates on Canadian Solar
This year’s review of the U.S. trade ruling on Chinese PV cells would otherwise keep duties at similar levels to previous years, but it is expected that few companies will end up paying them.
Settlement clears the way for SunEdison FBR polysilicon sale to GCL-Poly
SunEdison Semiconductor has agreed to allow the transfer of intellectual property to the world’s largest polysilicon and wafer maker, which is seeking to develop FBR polysilicon.
GameChange Forges U.S. Steel Supply Agreement
New York-based GameChange Solar has inked a long-term strategic supply agreement with an un-named company which it describes as “one of the largest steel producers in the United States”.
Tesla/Panasonic begin battery cell production at Nevada Gigafactory
The factory is producing lithium-ion batteries both for Tesla’s energy storage products and electric vehicles
