News

PowerSecure International Acquired by Southern Company

published: 2016-05-10 18:25
Southern Company and PowerSecure International have completed their merger, with PowerSecure becoming a wholly owned subsidiary of Southern Company.   Southern Company's existing business model provides an opportunity to leverage ...  more

Total Announces Proposed Acquisition of Saft

published: 2016-05-10 18:03
Total and Saft announced on May 9th that, following the signature of an agreement between the companies, Total filed a friendly tender offer on all of the issued and outstanding shares in the capital of Saft with the French Financ...  more

China EV Sales Drop 90% in First Quarter of 2016

published: 2016-05-09 19:11
Due to China’s policy issues, the sales of pure electrical vehicles (EVs) in 1Q16 dropped 90% from last quarter in China. Beijing is planning to announce new subsidies, yet, the official announcement hasn’t been made. Thus, manufa...  more

SunPower’s Revenue and Net Income Decrease

published: 2016-05-09 18:39
SunPower has released its financial results for the first quarter of 2016. Although the company helped build historically high volume of PV projects, its non-GAAP revenue and net income both decreased from 4Q15. The report shew th...  more

GE Signs Inverter Supply Agreement with DEWA in Dubai

published: 2016-05-06 18:13
GE plans to supply 220MW LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Dubai. The inverters are part of a frame agreement between GE and TSK. GE will supply outdoor solar SKIDs to T...  more

Grid-Connected PV Installation Surpasses 100GW in Europe

published: 2016-05-06 17:54
The amount of grid-connected PV installation officially surpassed 100GW in Europe in 2Q16. Demand will mainly come from distributed generation in the future and the UK, France, and Germany will have the most demand. Accord...  more