Balance of Systems

Mercedes Benz execs join Eguana Technologies to help drive Calgary-based business’ global expansion plans.

Contracts have been inked for the Chinese manufacturer to supply a combined 377.6 MWp of tracking systems for two Australian projects. To ensure its presence in the market, the company is setting up a subsidiary Down Under.

The report found over 3,200 employees working at the factory at the end of 2017, and $3.7 billion in invested in the plant.

The tracker maker will also supply a new type of racking for the roll out of First Solar’s large-format Series 6 modules.

Over the next three years, Array expects to supply multiple gigawatts of trackers to the developer, as its “primary” tracker supplier.

Annual International Roadmap for Photovoltaics, compiled by the German production equipment industrial association (VDMA), reveals slowdown in module price reduction for 2017 in contrast to significant market increase that saw module production capacity rise above 130 GW.

While bifacial panels may capture up to 10% more light than monofacial panels, single-axis trackers typically add 25% to that bifacial gain, resulting in a roughly estimated 12.5% gain from the two technologies combined, compared with fixed installs using monofacial panels.

The French tracker maker will be integrated in the ArcelorMittal Projects division of the Luxembourg-based steel manufacturer.

The Spanish tracker manufacturer has announced that it has opened an office in Sydney in a bid to ensure its presence in all leading global PV markets.

The Clean Energy Finance Corporation pledges AUS$20 million to part-fund the Pilgangoora lithium-tantalum project in Western Australia.