Privatization plans for Canadian Solar progress
Canadian Solar Inc. says it has entered into agreements with Dr. Shawn Qu and several unidentified potential equity partners regarding the plans to take the manufacturer private. It has also sold 30 MW worth of PV plants to its infrastructure fund in Japan.
BYD, Kostal announce energy storage partnership
Building on earlier collaboration, Kostal and BYD are looking to further strengthen their ties under a new deal, which will see them provide storage solutions to the residential and commercial solar segments.
EnergyTrend expects price shuffle after EU ends MIP
According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.
Energetica to establish gigawatt module fab in Austria
Production of high-efficiency solar PV modules in the Austrian region of Carinthia should commence as early as December 2018. Using a fully automated production line, Energetica Industries says it is well equipped for competition with Asian manufacturers.
Arctech Solar breaks into Australian market
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.
Fronius Symo Hydrid now in sync with LG Chem RESU battery
The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.
Report shows Tesla’s battery gigafactory booming
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.
Enphase boosts confidence, touts technology during analyst day
While the microinverter maker is still the target of an aggressive short, Roth Capital Partners has reiterated its “buy” at $6.50 per share, describing the IQ8 as a “game changer”.
PV Info Link: Mono-cSi cell price drops below multi
According to PV Info Link, the price for monocrystalline cells in China fell below that of the usually cheaper multicrystalline products. However analysts expect it to be a blip, with multi prices expected to fall and mono to be supported by the Top Runner Program, now China’s main source of demand for the rest of 2018.
Enphase finalizes purchase of SunPower mincroinverter business
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
