Skip to main content Skip to main navigation Skip to site search

manufacturing

© Fimer

Struggling Italian inverter manufacturer Fimer taken over by McLaren Applied Group

-

The Extraordinary Commissioners of Italian inverter manufacturer Fimer in Extraordinary Administration have announced that the Company’s business complex has been assigned to MA Solar Italy Limited, part of the McLaren Applied Group, with the support of Greybull Capital. The takeover price was not disclosed.

© Array Technologies
Company news

Array Technologies Appoints new leadership for EMEA region

-

Array Technologies, a global supplier of solar tracker solutions, announces the appointment of Leonardo Serpa as general manager for Europe, the Middle East, and Africa (EMEA) and Héctor Sánchez as vice president of sales, EMEA.

© SolarPower Europe
SolarPower Europe

Europe must strengthen its production base for solar inverters

-

In view of the global price pressure and competition in the PV sector, which is now also causing major European inverter manufacturers such as SMA and Fronius to falter, SolarPower Europe is calling for political countermeasures.

© Trinasolar
Solar modules

Trinasolar's Vertex N recognised for bankability by TÜV Rheinland

-

Trinasolar has been awarded the bankability certificate for its Vertex n-type TOPCon bifacial PV modules by TÜV Rheinland, an independent third-party agency for testing, inspection and certification.

© LONGi
Manufacturing

LONGi: Financial net loss in Q3 – more PV modules shipped in 2024

-

LONGi reported a net loss of 1.261 billion CNY (€170 million) in Q3 of this year. To return to profitability, the Chinese manufacturer is increasingly relying on high efficiency PV modules with back contact technology.

© SolarPower Europe
IEA/SolarPower Europe

Global clean tech manufacturing investments led by PV and batteries

-

The International Energy Agency (IEA) published its annual Energy Technology Perspectives report, for the first time introducing combined analysis on the interplay between energy, industrial and trade policies. SolarPower Europe contributed to the report.

© FuturaSun
Italy

FuturaSun manufacturing project selected for EU funding

-

FuturaSun’s FENICE project, aimed at building a high-efficiency photovoltaic module plant in Italy, has passed the selection process by CINEA, securing a grant from the Innovation Fund—one of the European Commission’s key initiatives to drive technological innovation and the green transition.

© Buhck Group
Second-life modules

Research project for the repair of old modules starts

-

The market for second-life solar modules is growing rapidly: in addition to use in smaller stand-alone systems and as balcony power plants, entire solar parks can also be equipped with used modules. After all, 70 per cent of old modules are immediately usable.

© sun.store
September 2024 pv.index

Demand rebounds as prices continue to decline

-

The European PV market showed renewed vigor in September, as the PV Purchasing Managers’ Index (PMI) saw a notable uptick to 71, up from 68 in August. This indicates a clear resurgence in demand despite ongoing price declines in the solar component market. Solar panel prices continued their downward trajectory across nearly all categories, with significant drops observed in both monofacial and bifacial segments.

© First Solar
Global energy transition

IEA: Three times more renewables by 2030

-

With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, a new report of the International Energy Agency (IEA) says.

© KIT, Markus Breig
Karlsruhe Institute of Technology

Working towards the sodium-ion battery revolution

-

Sodium-ion batteries have several advantages over conventional batteries. They contain no critical raw materials such as lithium or cobalt - and could make stationary energy storage and electromobility much more cost-effective. There is still a lack of the necessary energy storage materials for production.

© LONGi
Half-year report 2024

LONGi generates €5.03 billion in sales

-

LONGi has published its financial report for the first half of 2024. The integrated Chinese module manufacturer generated revenues of the equivalent of 5.03 billion euros in the period. One challenge, however, is the low PV manufacturing capacity utilization rate of less than 50 percent. Growth with the new HPBC 2.0 back-contact series is expected in 2025.

© Sharp Energy Solutions Europe
Interview Peter Thiele/Sharp

“Pushing the boundaries of efficiency in solar technology“

-

Peter Thiele, President Sharp Energy Solutions Europe, about historical milestones, the development of photovoltaic technology and future challenges and opportunities in the solar industry.

© Vorsatz Media
Interview Fenecon

Franz-Josef Feilmeier: „The value chains are working“

-

Storage systems for commercial and utility use are the hotspot of the energy transition. They have to be universal geniuses, to be safe and they have to be installed very easily. The latest trends we now learn from Franz-Josef Feilmeier, founder and CEO of Fenecon.

© European Comission
ESMC

European solar manufacturing should be a priority

-

Ahead of the formation of the European Commission the European Solar Manufacturing Council (ESMC) calls to the President of the European Commission Ursula von der Leyen to position the EU PV manufacturing among the priorities for the new mandate of the European Commission.

© European Union 2024
SolarPower Europe

Praise for Draghi report on EU Competitiveness

-

Yesterday the European Commission published the long-awaited Report on the Future of EU Competitiveness, authored by Mario Draghi, the former President of the European Central Bank. Praise comes from SolarPower Europe.

© Margriet Fotografie
Manufacturing

“A company cannot be on hold for a year”

-

The summer of 2024 has not led to an increase in demand for solar panels. Due to the low prices, the financial problems continue, according to Gerard Scheper, CEO of European Solar. "Consumer interest and market are actually temporarily 'on pause', but a company cannot be on pause for a year. Fortunately, the C&I market and batteries still offer some hope."

© Trinasolar
Manufacturers

Trinasolar reports profitability – 26% more PV modules shipped

-

Trinasolar reports revenues of $6 billion and profits of $74 million in half-yearly financial result in 2024 – with strong PV module sales and new manufacturing facilities outside of China.

© Margriet Fotografie
Manufacturing

China wants to curb expansion of production capacity

-

Due to an ever-expanding supply, without increasing demand, a gigantic overcapacity in the solar energy sector has rapidly arisen in the past year. The rapidly dropped prices have subsequently caused financial problems throughout the supply chain. "There's no one taking advantage of this at all”, says Gerard Scheper, CEO of European Solar. To put a stop to the current situation, the Chinese government wants to take measures.