Chinese renewable energy technology company BYD has become the first company to supply pure electric vehicles to Iran. BYD’s strategic partnership with the country’s largest private passenger car manufacturer Karmania will ... more
Weak demand and falling average selling prices in the solar industry has caused Trina Solar financial decline in module shipments, net revenues, gross margin and net income in the third quarter of 2016. Trina Solar said the... more
SunEdison, which went through rapid expansion, declared bankruptcy in April 2016. Its assets have been reorganized and it's confirmed that 1.5GW of SunEdison installations have been acquired by another clean energy company, NRG.
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World’s first-tier solar PV manufacturer, Canadian Solar, has announced its financial results for the third quarter of 2016. Its module shipments and net revenues were behind its previous guidance, representing the sluggish marke... more
Tesla announced the completion of its acquisition of SolarCity on November 21st after 85% of shareholders from SolarCity voted in favor of Tesla. This will allow Elon Musk, CEO of Tesla, to have a more complete integration for hi... more
Many countries have launched subsidy programs to incentivize installation of photovoltaic (PV) solar systems, including China. However, the PV subsidy program in China is facing problems. It is expected that over 5 GW of th... more
Hanwha Q CELLS reported solid financial and operational results in the third quarter of 2016 despite the challenging market situation.
According to Q CELLS’ financial report, the total net revenues were US$707.8 million, up... more
Taiwan-based solar cell manufacturer TSEC announced to expand its solar cell production capacity by approximately 500MW. After the expansion, which would be completed in February 2017 to the soonest, TSEC will have a total ... more
Etrion, a solar independent power producer, announced the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (SuMi Trust) for the construction of the 13.2MW Komatsu solar project located in the Ishika... more
JinkoSolar has completed delivery on 140 MWdc of PV modules for the North Star project located in Chisago County, Minnesota, approximately 50 miles north of Minneapolis.
The North Star Solar project will utilize over 440,00... more
