News

Canadian Solar Secures JPY9.6 Billion Syndicated Loan

published: 2016-10-17 14:40

Canadian Solar announced on October 13 that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a syndicated 3- year loan facility for JPY9.6 billion (US$95 million). Sumitomo Mitsui Banking Corporation (SMBC... more

Suntech Partners with Munich Re for Validation of Module Bankability

published: 2016-10-17 14:38

Wuxi Suntech announced a partnership with Munich Re, a reinsurer, to provide insurance back up to its 25 year solar module warranty for all modules shipped to the US. This partnership is further validation of Suntech's bankability... more

NEC to Build a Grid Energy Storage System in New England

published: 2016-10-17 14:31

NEC Energy Solutions (NEC ES), a subsidiary of NEC Corporation, is supplying the Sterling Municipal Light Department (SMLD) of Sterling, MA with a 2 MW, 3.9MWh GSS® grid energy storage solution. Once complete in December of... more

Hereaus’ Front-side Silver Paste for PERC will Increase 0.1% Cell Efficiency

published: 2016-10-14 13:58

Heraeus Photovoltaics, the global supplier of metallization solutions to the PV industry, made the debut of its PERC silver front-side paste, the Heraeus SOL9641A series, for the Taiwanese market at the PV Taiwan 2016 tradeshow. ... more

52.5MW PV Power Plant Provides 1% Electricity to Jordan

published: 2016-10-11 11:14

First Solar has commissioned the 52.5MWac Shams Ma’an project in the Hashemite Kingdom of Jordan, on schedule. The plant is owned by a consortium of investors consisting of Diamond Generating Europe Ltd., Nebras Power Q.S.C... more

Amtech Announces New Order for Next-Gen PERC Equipment

published: 2016-10-11 11:10

Amtech Systems, a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets, announced its solar subsidiary, SoLayTec B.V., has received a follow-on order for three next generation ... more

GCL-SI Nets Order for 1,000 E-KwBe Energy Storage Units in Australia

published: 2016-10-07 12:11

GCL System Integration Technology Co. Ltd (GCL-SI), a subsidiary of GCL Group, has announced the signing of a deal with its Australian wholesale partner, One Stop Warehouse (OSW), to distribute another 1,000 of its energy storage ... more

Xcel and NextEra Energy Start Operation on 140MW PV Project in New Mexico

published: 2016-10-07 11:53

State and local leaders joined executives from NextEra Energy Resources and Xcel Energy this morning to celebrate the commissioning of New Mexico's largest solar energy projects – the Roswell and Chaves County Solar Energy Centers... more

Taiwanese Manufacturers' Sep. Financial Reports: Revenues Kept on Falling Comprehensively

published: 2016-10-06 18:34

It is predicted that revenues for solar companies in Q3 would be bad and worse than that of July and August. Upstream, midstream, and downstream of the industry chain all suffered record new low prices. Some Taiwanese solar manufa... more

REC Cuts 3% Global Jobs, Planning Capital for Upgrading Cell Facility in Singapore

published: 2016-10-06 18:07

Global solar demand changes and continuous price drop in PV modules has led to a sluggish market situation. REC Group, an international and integrated PV manufacturer, decided to cut 3% of workforce from its global sites for cost ... more

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