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30 Jan 2019SolarEdge Announces Closing of S.M.R.E. Spa Acquisition
SolarEdge Technologies, Inc. announced today the closing of the previously announced acquisition of a majority stake (approximately 56%) of S.M.R.E. Spa. -
29 Jan 2019JinkoSolar and GRID Alternatives Renew Partnership
JinkoSolar Holding Co., Ltd. today announced that JinkoSolar U.S. renewed its partnership with GRID Alternatives. JinkoSolar has donated 600kW solar modules to support GRID Alternatives' work developing and implementing solar projects and offering hands-on job training in underserved communities. -
29 Jan 2019Scatec Solar Starts Construction of 117MW Solar Project in Argentina
Scatec Solar and Equinor have started construction of the Guanizuil IIA solar plant located in the Province of San Juan in the northwest of Argentina utilising the agreed Equinor bridge loan facility. Late November 2018, the partners signed the 20-year power purchase agreement for delivery of electricity from the 117MW solar power plant with CAMMESA. -
29 Jan 2019Yellow Door Energy Raises $65 Million to Scale the Solar Energy Transition
Yellow Door Energy announced today that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa. -
28 Jan 2019
SMA Solar Technology AG Meets Sales and Earnings Guidance for 2018
SMA Solar Technology AG sold PV inverters with a total output of around 8.5GW. Inverter output sold in the past fiscal year was thus on a par with the previous year (2017: 8.5GW). As a result of increased price pressure, however, sales fell to around €761 million (2017: €891 million) according to preliminary calculations by the SMA Managing Board and are therefore at the lower end of the Managing Board's guidance. The expected earnings before interest, taxes, depreciation and amortization (EBITDA) of around −€67 million (2017: €97.3 million) are impacted by one-time items as well as provisions for financing the planned restructuring measures and are within the Managing Board's guidance. Depreciation and amortization are expected to amount to more than €80 million. For the 2019 fiscal year, the SMA Managing Board is expecting sales to increase to between €800 million and €880 million and positive EBITDA of between €20 million and €50 million. -
28 Jan 2019
JinkoSolar TOPCon Monocrystalline Solar Cell Reaches Record of 24.2%
JinkoSolar Holding Co., Ltd. today announced a record high efficiency of 24.2% was achieve by its large-area N-type TOPCon monocrystalline silicon solar cell. Testing was conducted by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences (CAS). -
28 Jan 2019
Scatec Solar Announced Fourth Quarter Results 2018
Scatec Solar delivered solid operational performance and strong financial results in fourth quarter 2018 with proportionate revenues of NOK 1,666 million (444), and EBITDA of NOK 329 million (106). Power production reached 108GWh on proportionate basis, an increase of more than 50% from the same period last year. -
25 Jan 2019Opdenergy to Construct 50MWp Solar PV Plant in Spain
Antonio Rodríguez Osuna, Mayor of Merida, and Luis Cid, OPDEnergy's CEO, have presented this morning the details surrounding the plant denominated "La Fernandina", whose construction shall start in the next few weeks in the municipality of Merida. -
25 Jan 2019
Innogy and Belectric to Build 50MW Spanish Solar Project Without State Subsidies
Innogy SE has now taken the final investment decision (FID) for a solar farm in Spain. The 'Alarcos' project is set to have a capacity of about 50 megawatts and will be operated without state subsidies. Both the beginning of construction and full commissioning of the photovoltaic plant are planned this year. -
24 Jan 2019
ForeFront Power Completes 27MW of Community Solar in New York
ForeFront Power is excited to announce that the company's Community Solar projects in New York are now operational and providing clean, renewable electricity to subscribers across National Grid and Rochester Gas & Electric service territories. The nine projects, representing 27MW of capacity, are the first of a portfolio of over 75MW across New York expected to be complete by the end of 2019.