News

UNDP Sponsors Building of the 100MW “Panda” PV Power Plant in China

published: 2016-11-25 16:56

A PV power plant, situated in Datong of China's Shanxi Province broke ground on Nov. 21, as a joint venture between UNDP (the United Nations Development Programme) and China's PGO (Photovoltaic Green-ecosystem Organization)... more

AUO Teams Up with Insurance Companies for PV Plant Investment

published: 2016-11-25 15:59

Another Taiwanese PV manufacturer has decided to get into the power plant investment business. AUO recently announced to join in a platform with Taiwanese insurance companies to invest in Taiwan’s local PV plants. The proportion ... more

BYD to Supply Pure Electric Vehicles to Iran

published: 2016-11-25 15:54

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

Trina Solar Faces a Slowdown in 3Q16

published: 2016-11-24 18:35

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’s Post-Bankruptcy: NRG Acquires 1.5GW of its Projects

published: 2016-11-24 18:02

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. ... more

Canadian Solar’s Revenue in 3Q Behind Guidance, Boosting Downstream Sector

published: 2016-11-24 17:35

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 Completes Acquisition of SolarCity, Forming a Clean Energy Empire

published: 2016-11-24 15:51

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

More than 5GW of Solar PV in China May not be Subsidized

published: 2016-11-24 14:48

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 Reports 19.9% Gross Margin in 3Q16

published: 2016-11-23 18:17

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

TSEC to Expand Production Capacity to 1.5GW, February 2017 the Soonest

published: 2016-11-23 17:15

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

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