Category: Solar

Photon Energy Reports Record Revenue of EUR 30.15 million and New Contract Awards in 2019

·        Revenues up by 48.9% to EUR 30.154 million in 2019 due to outstanding power production, increased O&M, EPC business and technology sales ·        Propietary portfolio of PV power plants expanded to 51.7 MWp, up by 63.6% YOY, and electricity generation up by 54.4% to 43.8 GWh ·        Awarded Two Public Tenders for the design… Read more »

Meyer Burger announces preliminary financial information for fiscal year 2019; Board of Directors continues to explore all strategic options

Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) today announced preliminary unaudited results for the fiscal year 2019. Financial key figures reflect the ongoing transformation of the Group and the divestments. Meyer Burger achieved incoming orders of CHF 188 million in fiscal year 2019, compared to CHF 326.8 million in 2018. Adjusted for the divestments,… Read more »

FuturaSun signs a strategic agreement with the Chinese utility SPIC

FuturaSun enters into a strategic partnership with State Power Investment Corporation Limited (SPIC). The company has thus made a decisive entry into a new segment, expanding its commercial offering and consolidating its industrial production. Zebra module is born. On 23 December, the CEO of FuturaSun, Alessandro Barin, and the Chairman of Yellow River Upstream Hydropower… Read more »

Solar Support Partners with SEMIKRON to Tackle Inverter Stack Shortage

San Diego – Feb. 10, 2020. Engineering services company Solar Support announces its strategic agreement with SEMIKRON, a leading manufacturer of power semiconductor components. As a qualified representative of SEMIKRON in the U.S., Solar Support meets the industry’s demand for insulated-gate bipolar transistor (IGBT) stack components, a critical semiconductor device used in aging PV inverters…. Read more »

China’s JinkoSolar preserves its leading global solar PV module shipment rank in 2019, reveals GlobalData

JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019. The company also secured top position in GlobalData’s 2018 ranking produced last year. JinkoSolar topped the 2019 ranking with 14.2 gigawatts (GW) of PV modules compared to the second ranked JA Solar’s 10.3GW. Most of the companies… Read more »

STV Electronic introduces IIoT-enabled M-Bus level converter family with extended functionality

Easier implementation, extended comfort Schloß-Holte, Germany, 22. January 2020 – STV Electronic has completely redesigned its M-Bus level converter family, optimizing it for use in smart metering and IIoT applications. Newly added features include level and protocol converter functions from M-Bus to USB, support of IPv4/IPv6 and real-time MQTT messaging with M-Bus to Ethernet, as… Read more »

SunFunder makes first investment in Nigeria with Daystar Power

SunFunder, a solar finance company providing debt capital to solar enterprises in emerging markets, today announced its first disbursement in Nigeria, part of a facility of up to $4m with commercial and industrial (C&I) solar developer, Daystar Power. Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial,… Read more »

SMA America launches the first UL 1741 certified Medium Voltage Power Station to the Americas

Turnkey solution offers the fastest utility PV installation and integration SMA America has launched the Medium Voltage Power Station (MVPS) to the Americas market. This solution is the first time a fully containerized, turnkey system has been offered stateside. It also represents the industry’s only large-scale medium voltage PV power conversion station UL 1741 listed… Read more »

Fraunhofer ISE Analyzes Potential of Solar Power Plants Located on Pit Lakes in Former Lignite Mines

Commissioned by the renewable energy developer BayWa r.e., the Fraunhofer Institute of Solar Energy Systems ISE investigated the technical potential of floating photovoltaics (FPV) on pit lakes in former lignite mines in Germany. Such FPV plants that basically float on man-made lakes can help to alleviate the competition for land use and help expand PV… Read more »

Vikram Solar appoints Renewable Energy veteran Mr Saibaba Vutukuri as new CEO

Mr. Gyanesh Chaudhary to remain MD, focus on diversification, new ventures, key corporate initiatives February 6, 2020: Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider, today announced the appointment of renewable energy sector veteran, Mr Saibaba Vutukuri as the new Chief Executive Officer (CEO) of the… Read more »

ETIP PV annual conference ‘I3PV – Integrated, Innovative, Intelligent’ will take place on 5&6 May 2020 in Brussels

By 2050 the world must achieve carbon neutrality Solar PV will supply 70% of the world’s electricity generation The future of the energy system is electric! The conference ‘I3PV – Integrated, Innovative, Intelligent’ organized by the European Technology and Innovation Platform for Photovoltaics (ETIP PV) will take place on 5&6 May 2020 at the BIP… Read more »

SolarEdge to Supply Enfindus with Inverters for 1GW of European Solar Projects

Munich, Germany (February 6, 2020) – SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today that it entered into a contract to supply smart energy products and solutions, including inverters and power optimizers for 1 GW of solar projects with international solar investor, Enfindus. The four-year, pan-European agreement is intended… Read more »

Backsheet or bust?

The true cost of broken backsheets in the solar industry Across the solar industry, backsheets can deliver outstanding benefits, both for performance and solar projects’ net present value (NPV) – but only when they work well. In fact, backsheet failure is all too common: in 2020, $260 million CAPEX is expected to be lost due… Read more »

Meyer Burger mostly vindicated in SIX Swiss Exchange sanction proceedings: Board of Arbitration rectifies ruling by SIX Sanctions Commission

Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) reported the effects of the closure of former subsidiary Diamond Materials Tech Inc. (DMT) in accordance with the relevant provisions of Swiss GAAP FER in the appropriate period in the 2016 consolidated financial statement.This was decided by the Board of Arbitration of SIX Swiss Exchange in its… Read more »

FuturaSun signs a strategic agreement with the Chinese utility SPIC

FuturaSun enters into a strategic partnership with State Power Investment Corporation Limited (SPIC). The company has thus made a decisive entry into a new segment, expanding its commercial offering and consolidating its industrial production. Zebra module is born. On 23 December, the CEO of FuturaSun, Alessandro Barin, and the Chairman of Yellow River Upstream Hydropower… Read more »

Greencells Group installs record 500 MWp in 2019

Saarbrücken, January 27, 2020: Germany-based Greencells Group concludes its strongest business year since its founding in 2007, installing a record 500 MWp in 2019 alone and generating a revenue of over $100 mio. The Group’s track record now features 128 solar plants with a cumulated capacity of 1,9 GWp worldwide. Showcasing projects on global scale,… Read more »

The world’s first Shading Resistant Smart Hot-spot Free PV module at Intersolar North America, 2020

AE SOLAR – German Innovator in Solar Energy industry heads to US market and exhibits at Intersolar North America, 2020. Company’s R&D team is always focused on new innovations and emerging technologies in photovoltaic. Their continuous effort and research allows AE Solar to deliver its products with the highest quality. As a result, AE Solar… Read more »

Solarif insurance now available for Vikram Solar PV modules

Under the certification, Solarif will cover risks related to physical damage, inherent defects, and all operational risks India, 23 January 2020: After a thorough risk assessment, Solarif Risk Management BV declared Vikram Solar’s PV modules Solarif-certified. The certificate will enable Vikram Solar’s customers to purchase Solarif’s unique inherent defect coverage in addition to Solarif’s Operational… Read more »

Wärtsilä power plant to support reliability of electricity system and renewable capacity in the Barbados

Wärtsilä Corporation, Press release, 23 January 2020 at 9 am EET The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light & Power Company Limited (BLPC), the utility company on the Caribbean island of Barbados. The power plant will be supplied… Read more »

LONGi certified by China Quality Certification Center (CQC) as a Witnessed Manufacturer’s Testing (WMT) laboratory

With the certification, LONGi’s laboratories can certify photovoltaic modules based on IEC 61215 and IEC 61730 international standards 21st January 2020, Xi ́an (CHINA) – China Quality Certification Center (CQC), one of the world’s leading third-party testing and certification institution has accorded LONGi the Witnessed Manufacturer’s Testing (WMT) certification for the international standards of IEC… Read more »

LONGi sets another new world record for module efficiency 22.38% conversion efficiency verified by TÜV Rheinland

21st January 2020, Xi ́an (CHINA) – LONGi, the world’s leading solar manufacturer announced that it had achieved a new world record of 22.38% conversion efficiency for its monocrystalline module. The record was verified by the global independent certification agency TÜV Rheinland. “LONGi has continuously pushed the modules efficiency limits of our high performance mono-… Read more »

Delta to Show New PV Inverters with Advanced Connectivity and Cloud-based Monitoring at 2019 EnerGaia

Delta, a global leader in power and thermal management solutions‘, will be exhibiting at this year’s EnerGaia in Montpellier, France the newly-launched M70A solar PV inverter, which offers 77 kVA maximum AC apparent power for ground-mounted and commercial solar rooftop systems. In addition to the M70A, the full range of Delta photovoltaic inverters as well… Read more »

Oslo housing development co-op company invests in rooftop PV project totalling 1.29MW with Delta inverters

As part of a pilot project, the largest housing and property co-op in Norway, OBOS Group, invested in PV plants on six of their buildings in Oslo in a partnership with Fortum Oslo Varme AS (formerly registered as Hafslund Varme AS at the project inception), the firm that provided the EPC services for the project…. Read more »

A NEW SOLAR ERA IN SPAIN BEGINS

Barcelona / Pforzheim, January 21, 2020 – by adding an estimated 4.7 GW in 2019, Spain returns to the continent’s top solar markets and is the clear market leader in Europe. The forecasts for the future development remain promising. According to Solar Power Europe’s “European Market Outlook 2019-2023” published in December 2019, Spain is expected… Read more »

SMA America is the first and only inverter supplier compliant to new California Energy Commission Rule 21 requirements

The California Energy Commission (CEC) has listed multiple SMA solar inverters under the updated Grid Support Solar Inverter compliance list for the California Rule 21 requirements. The approved inverters listed as compliant with Rule 21 phase two and phase three functions are the Sunny Boy-US, Sunny Tripower CORE1 US and Sunny Boy Storage-US series. This… Read more »

DNV GL’s GreenPowerMonitor will monitor Europe’s largest solar power plant under construction: The Núñez De Balboa solar project developed by Iberdrola

With its 500 MW capacity, Núñez de Balboa will supply clean energy to 250.000 people and prevent the emission of 215 000 tons of CO2 per year GPM SCADA solution will manage and monitor the photovoltaic plant The plant plans to begin operating in the first quarter of 2020 Barcelona, Spain 20th January 2020 –… Read more »

GridBeyond Named as One of the World-Leading Technology Innovators in Advancing Global Sustainability

Out of thousands of innovators from across the globe, GridBeyond, a leader in intelligent energy technology for industrial, commercial, institutional and utility partners, was named a 2020 Global Cleantech 100 company by Cleantech Group. The 2020 Global Cleantech 100 is a respected annual guide to the leading businesses in sustainable innovation. It includes “the companies… Read more »

Gantner supplied solutions for more than 1 GW Solar power in 2019

The recently ended year 2019 was a bright year for solar business as a whole and for Gantner in particular. Gantner is very excited about having commissioned monitoring and control solutions for another 1 GW solar power in 2019. Gantner’s complete monitor solution has been supplied for example in projects in Australia, Denmark, Germany, Greece,… Read more »

SINGULUS TECHNOLOGIES signs contract for the delivery of production systems for CIGS solar modules

Kahl am Main, 15 January 2020 – SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) today signed contracts for a large order with the customer (CNBM) Bengbu Design and Research Institute of Glass Industry Co., Ltd., Bengbu, China, a subsidiary of China National Building Materials, China, for the Xuzhou site for the delivery of systems for the production… Read more »

LONGi’s keynote at the World Future Energy Summit (WFES) 2020 in Abu Dhabi

15th January 2020, Xi ́an (CHINA) – Founder and President Li Zhenguo spoke about the development and trends of future energy at the Future Sustainability Summit. The World Future Energy Summit 2020 kicked off at the Abu Dhabi National Exhibition Center in United Arab Emirates on January 14, 2020 with the theme of “Rethinking Global… Read more »

Ingeteam Power Technology awarded for their ‘Largest Project’ in U.A.E.

Ingeteam Power Technology has been awarded for the ‘Noor Abu Dhabi PV Plant’ constructed in Abu Dhabi (United Arab Emirates) and being built by Sterling and Wilson with an installed power of 1,177.39 MW. (Bonn, 13.01.2020) On the occasion of the ‘World Future Energy Summit’ in Abu Dhabi ‘Ingeteam Power Technology’ received the ‘Global Leading… Read more »

Azelio signs MoU for energy storage project in Jordan

Azelio has agreed on a Memorandum of Understanding (MoU) with the Jordanian company Hussein Atieh & Sons Co. (HAE), to work together on setting up a small-scale project in Jordan. The project paves the way for a commercial collaboration of about 25 MWe of Azelio’s energy storage technology in the Jordanian market until 2023. This… Read more »

Alencon Systems to Present Innovations for PV Repowering and Solar + Storage at Intersolar North America 2020

Hatboro, PA – Alencon Systems LLC will demonstrate its unique line-up of power electronics solutions for repowering older PV systems, coupling Solar and Storage and Microgrids at Intersolar North America 2020 in San Diego, CA, February 4 – 6, 2020. The Alencon products on display at Intersolar will include the SPOT Version 6, the newest… Read more »

meteocontrol adds new site in Dubai

Augsburg/Dubai, January 09, 2020 – meteocontrol GmbH, a global provider of independent PV monitoring systems, is strengthening its international business once again – this time with a focus on the Middle East through the addition of meteocontrol AMEA DMCC in Dubai. meteocontrol GmbH’s monitoring systems currently monitor and control over 48,000 photovoltaic systems worldwide with… Read more »

LONGi module capacity exceeds 20GW leading the photovoltaic industry into a new era of large-scale production

6th January 2020, Xi ́an (CHINA) – LONGi’s 10GW mono-crystalline module production facility in Chuzhou is now running at full capacity, with its Phase II 5GW reaching construction close. The additional capacity increased total global module production capacity of LONGi to an estimated 21GW, exceeding its previously announced “Three-year Capacity Plan” (2019-2021). Zhong Baoshen, Chairman… Read more »

UK solar company secures funding to build two major solar plants in Spain £47.6 million financing guaranteed by UK Export Finance, in boost to UK solar exports

UK-based solar energy company, Solarcentury, has secured new financing to build two of the largest solar plants in Spain demonstrating the UK’s leadership on climate change. UK Export Finance (UKEF), the UK’s export credit agency, has today (7 January 2019) guaranteed £47.6 million worth of financing for Solarcentury, in a boost to UK solar exports…. Read more »