Following the decision to require retailers taking part in the Solar Homes program to be signatories to the Clean Energy Council’s Solar Retailer Code of Conduct, the Victorian government has set specific requirements for inverters that will be installed under the program.
The Norwegian solar panel manufacturer says Hanwha Q Cells did not provide full particulars of its allegations despite REC Group’s requests and went ahead to commence proceedings in the Federal Court of Australia.
The German inverter producer’s sales also fell significantly in the past financial year. With its cost reduction program, SMA is now eager to orchestrate a turnaround, but its first-quarter guidance still shows a sustained downward trend.
A unit of Shunfeng International Clean Energy (SFCE) has agreed to sell PV manufacturing assets to Asia Pacific Resources Development Investment for RMB 3 billion ($447 million).
REC Group has begun production of its residential N-Peak Black series, reaching up to 325 watts. Concurrently, Trina Solar has released four new modules within its Tallmax, Duomax, Duomax Twin and Honey series — some of which reach up to 415 watts.
The South Korean solar module maker has filed another claim with the Federal Court of Australia against Norwegian solar manufacturer REC Group, as well as PV distributors BayWa r.e. Solar Systems and Sol Distribution, for distributing products that allegedly infringe on its patents.
Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.
Canadian Solar recorded net income of $237.1 million in 2018, from $99.6 million a year earlier, on annual PV module shipments of 6.62 GW.
With the legal squabble between Hanwha Q Cells and three rival solar manufacturers now encompassing three countries, equipment supplier Meyer Burger saw fit to refer to the dispute in its latest announcement of an Asian contract win.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
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