Last year 56 MW of solar PV was installed, which brings the nation’s cumulative capacity to 170 MW.
Analysts expect installations in China, U.K. and Japan to slow over the second half of the year, but U.S. project spillover and India’s large pipeline will hold course despite global slowdown forecast for 2017.
On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Tesla’s acquisition of the solar company. And while this deal is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.
The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.
Solarworld CEO Frank Asbeck talks to pv magazine on the recent finding against the company in its legal dispute with Hemlock Semiconductor. A supremely confident Asbeck explains why he doesn’t think the judge’s decision changes the case at hand, while still expecting a settlement with Hemlock, and why any final decision will not affect the company’s American subsidiary nor the German company.
The energy management systems company is building a pipeline in Hawaii through its project development arm.
NextEra’s yieldco plans to add 269-1,169 MW of U.S. solar over the 2017-2018 timeframe.
SolarWorld has increased its Q2 2016 shipments 39% YoY, to 342 MW, in 2016. Revenues increased almost 30% for the quarter, to €222 million ($246 million), while achieving an EBIT profit of €20.5 ($22.7 million) million.
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