Buzz Lightyear: first solar-powered family car hits the market
The Lightyear One, developed by Dutch startup Lightyear, is now available for general sale at a retail price of €119,000. Company hopes to secure 200 orders by end of year.
Destroy the industry to save it? Another report warns of Section 201 case’s potentially devastating effects
GTM Research’s latest report predicts a 50% to 60% overall reduction to solar installations if trade action is taken, with the utility-scale sector taking the most significant hit.
Trump stalls on Paris climate agreement
The U.S. president declined to sign on to consensus language composed by G7 leaders, and has said that a decision will come some time this week. However, implications for solar and renewables may be limited.
BREAKING: SolarWorld Americas joins Suniva’s trade petition
After originally being cool to Suniva’s petition to the U.S. International Trade Commission for protection from its Chinese competitors, SolarWorld has reversed its stance and joined the complaint as a co-petitioner.
Soltec to launch nextgen SF7 tracker at Intersolar Europe
Soltec plans to launch its next-generation solar tracker, the SF7, at Intersolar Europe. The company claims that the single-axis tracker enables up to five percent greater yield than its competitors.
Wärtsilä takes over U.S. storage specialist Greensmith
Greensmith’s software will be used in Wärtsilä’s new hybrid power plants, as the Helsinki-based company further strengthens its position as a global energy systems integrator.
Solarworld insolvent, provisional administrator named
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. The company’s German subsidiaries have also filed for insolvency.
TerraForm completes the sale of 365 MW of UK solar projects
With the sale the yieldco has almost completely divested from the United Kingdom, as its acquisition by Brookfield grinds forward.
Amtech posts revenue growth in quarterly results
The U.S./Dutch tool maker also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
SMA remains in the black
A difficult market environment has led to a drop in sales and profits. The German inverter maker, however, was able to keep writing black numbers in the latest quarter.
