Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.
Through the deal SunPower gets US$25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
The plant is the second-largest planned in the Western Hemisphere, and will triple the thin film module maker’s manufacturing capacity in the United States.
New policies affecting all solar market segments in China are likely to lead to production overcapacity in the second half of 2018. The new regulations, announced June 1, will likely see the Chinese market decline from an expected 40-45 GW to 30-35 GW for the year, analysts report.
On the back of a $70 million distribution agreement, Hyundai Heavy Industries Green Energy is re-entering Australia’s solar market, eyeing a strong pipeline of opportunities.
Sungrow is best known for its PV inverter range – which covers the residential, C&I and power plant market segments. The Chinese inverter maker has hopes to see it gain increased traction in Australia by broadening its product portfolio in the country.
Global infrastructure giant ABB is showcasing its PVS-120 sting inverters. The company claims that high power density can deliver Opex and Capex reductions for developers and EPCs.
The tracker maker will also supply a new type of racking for the roll out of First Solar’s large-format Series 6 modules.
Premium PV module producer and supplier LG Electronics Australia has increased its product warranty to 25 years. Having sold some 750,000 modules in Australia to date, LG reports a “very, very small” number of warranty claims.
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