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Jifan Gao, Chairman and CEO of Trina Solar: “We had another solid quarter with major financial and operational metrics improving across the board”

Trina Solar Q2, 2016 results: 1.7 GW of PV modules shipped, gross margin improved to 18.3%


Trina Solar Limited (Changzhou, China) on August 23rd, 2016 announced its unaudited financial results for the quarter ended June 30th, 2016. The company shipped solar photovoltaic (PV) modules totaling 1,658.3 MW in the quarter, consisting of 1,619.0 MW of external shipments and 39.3 MW of shipments to the Company's own downstream solar power projects. Read more...

Solarpack’s Pozo Almonte I PV plant in Chile has an installed capacity of 10.5 MWp

Solarpack wins PV contract in Chile’s auction with a record bid of USD 29.1/MWh, will construct a 120 MWp solar park


Solarpack (Getxo, Spain), a multinational company that develops and builds solar photovoltaic (PV) power plants, has been awarded in the Chilean Supply Tender 2015/01 to supply 280 GWh annually, beginning in 2021. This Supply Tender has been promoted by the National Energy Commission (CNE) and by the group of electrical distributors of Chile. To reach this production, Solarpack, through its subsidiary Maria Elena Solar S.A, will construct the solar photovoltaic (PV) park “Granja Solar” of 120 MWp that is expected to enter commercial operation in 2019, the company announced. Read more...

Canadian Solar announced that its  utility-scale solar PV project pipeline totals 20.4 GW

Canadian Solar ships 1.3 GW of PV modules in Q2, 2016, exceeds quarter guidance


Canadian Solar Inc. (Gueplh, Ontario) on August 18th, 2016 announced its financial results for the second quarter ended June 30th, 2016. The company shipped 1,290 MW of solar photovoltaic (PV) modules recognized in revenue, compared to 1,172 MW recognized in revenue in the first quarter of 2016, and second quarter guidance in the range of 1,200 MW to 1,250 MW. Read more...

JA Solar expects full year 2016 PV shipments of 5.2 to 5.5 GW

JA Solar ships 1.4 GW of PV products in Q2, 2016; increases revenues over 50% year-over-year


JA Solar Holdings Co., Ltd. (Beijing, China) on August 17th, 2016 announced its unaudited financial results for its second quarter ended June 30th, 2016. JA Solar’s Q2, 2016 total shipments were 1,380.8 megawatts (MW), consisting of 1,229.3 MW of PV modules and solar cells to external customers, and 151.5 MW of PV modules to the Company’s own downstream projects. External PV shipments were up +55.5% y/y and up +18.4% sequentially. Read more...

Tata Power Solar has built a 50 MW flagship PV project for NTPC using domestically made solar cells and PV modules

Tata Power Solar commissions a 100 MW solar PV plant using domestically manufactured solar cells and modules for NTPC


Tata Power Solar (TPS, Bangalore, India), India’s largest integrated solar company, has successfully commissioned a 100 MW solar photovoltaic (PV) project for the National Thermal Power Corporation (NTPC, New Delhi), in Anantapur, Andhra Pradesh. Aligning with the Government’s ‘Make in India’ mission, this is the biggest solar project commissioned using domestically manufactured solar cells and modules. Tata Power Solar notes. Read more...

Customers immediately benefit from intelligent energy storage that automatically reduces energy use during peak demand times, Stem emphasizes

Stem energy storage project finance capacity now exceeds USD 350 million


Stem Inc. (Millbrae, CA, US), a provider of advanced energy storage technology, software and data analytics, on August 11th, 2016 announced that its project financing pool now exceeds USD 350 million with the addition of up to USD 100 million in new financing from investment affiliates of Starwood Energy Group Global, LLC (Greenwich, Connecticut), a private investment firm focused on energy infrastructure. Read more...

Following a good start to the year in the first three months of 2016, Manz AG announces heavy losses in H1

Manz AG publishes report on the first six months of 2016: Negative 11.7 million EBIT


Manz AG (Reutlingen, Germany), a globally active high-tech equipment manufacturer with an extensive technology portfolio covering the three strategic business segments of "Electronics", "Solar (Photovoltaics)" and "Energy Storage," on August 11th, 2016 published its financial report for the first six months of 2016. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR -4.5 million in the reporting period (previous year: EUR -6.7 million). Earnings before interest and taxes (EBIT) amounted to EUR -11.7 million (previous year: EUR -12.9 million). Read more...

SMA’s main earnings driver was the segment for large-scale PV power plants (Utility)

SMA Solar Technology AG increases sales and earnings in first half of 2016


SMA Solar Technology AG (Niestetal, Germany) reported a positive business performance in the first half of 2016 in a photovoltaic (PV) market environment characterized by strong price pressure. The SMA Group’s sales increased by 15.1% to EUR 494.1 million year on year (H1 2015: €429.3 million). EBIT was EUR 39.3 million (H1 2015: €-14.9 million). Read more...

MESIA’s report expects 2,020 MW of solar PV generation capacity to be tendered in 2016

MESIA report: Over 2 GW of solar to be tendered in 2016


The optimistic forecast in the Middle East Solar Association’s (MESIA) annual outlook concludes that 2016 will be characterized by increasingly lower levelized costs of solar power, as the region’s photovoltaic (PV) and Concentrating Solar Power (CSP) market will be spurred on, rather than slowed down, by low oil and gas prices. MESIA expects 2,020 MW of solar generation capacity to be tendered in 2016. In particular in Egypt, Jordan and Morocco installations will grow year-on-year. Read more...

More than 23,000 solar PV panels have been mounted on 61,720 individual floats

OST supports first floating PV financing deal for a 6.3 MW solar array west of London


OST Energy (OST, London, UK), an independent engineering consultancy, has announced its work with UK bank, the Royal Bank of Scotland (RBS), and Lightsource Renewable Energy, to bring Europe’s largest floating solar photovoltaic (PV) project to financial close earlier this year. The 6.3 Megawatt peak (MWp) PV array now provides solar power to water utilities company Thames Water on the Queen Elizabeth II reservoir west of London, and has become the first floating solar PV project to secure European bank financing. Read more...

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