Germany

Schletter acquisition could save North Carolina factory

The company’s U.S. subsidiary is part of the purchasing agreement, which appears to come just in time as the factory in Shelby was running out of funds to operate.

Global PV module prices collapse

The predicted fall in global PV module prices appears to have already begun, with PV Insights and EnergyTrend reporting average prices in the $0.27-$0.37 cent per watt range.

Innogy to develop 440 MW solar pipeline in the US southeast

Innogy’s US subsidiary will gain exclusive rights for the acquisition of 13 solar PV projects currently owned by North Carolina’s Birdseye Renewable Energy. The projects have a cumulative capacity of 440MW and are at various stages of development.

Sonnen secures $70 million from Shell for US, Aus expansion

The battery integrator has already began to draw on the funds as it continues to expand its market presence in the United States and in Australia. Shell Ventures is now a major sonnen investor and and the companies have agreed to future cooperation.

Mercedes-Benz brand to leave the U.S. residential battery market

Parent company Daimler will continue to offer batteries for residential applications to selected partners, but no longer under Mercedes Benz Energy. The company plans to align the stationary storage segment with its grid business.

Schletter Inc. files for chapter 11 bankruptcy

The solar mounting systems maker’s U.S. division has filed for bankruptcy, one month after the German parent company filed for insolvency.

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SolarWorld Americas comments on duties exemptions for competitors, SunPower

Shortly before the announcement of its acquisition by SunPower, SolarWorld’s former U.S. subsidiary commented on the request by its competitors to be exempt from the new U.S. solar PV import tariffs.

U.S. large-scale batteries lead global energy storage deployment

And inaugural global energy storage report by GTM Research finds that while the United States remains the world’s leading market with newly installed capacity of 431 MWh, China is poised to rise to second place globally in 2019.

More than 20 PV makers request exemptions from US solar import duties

The list includes many of the big names in the industry as well as a request to exempt the entire EU panel industry.

Wacker’s polysilicon business grows in 2017

The turnover of the Munich-based chemical company increased by 6%. The polysilicon business of Wacker Chemie also continued to increase last year; however, the production halt in the U.S. prevented even stronger growth.

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