Monthly Archives: March 2020

Meyer Burger fiscal year 2019 results and strategy: Changes in the management team

Incoming orders of CHF 188.3 million Net sales of CHF 262.0 million EBITDA of CHF -13.5 million EBIT of CHF -28.6 million Net loss of CHF -39.7 million Advanced strategic realignment and divestment of non-core activities Gunter Erfurt, CTO Meyer Burger, to succeed Hans Brändle as new CEO Ongoing evaluation of strategic options Changes in the Board of Directors Meyer

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LONGi solar modules to generate clean electricity for Sydney Metro in Australia

The Beryl Solar Farm was acquired by ASX-listed solar farm investor New Energy Solar from First Solar last year. Downer Group acted as EPC on the project and began construction last May. With a total investment of $ 150 million, the project was successfully connected to the grid in June this year, creating about 150 jobs for the local area.

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Sungrow to supply SG2500U-MV turnkey inverter solutions to Wright Solar project

Sungrow, the global leading inverter solution supplier for renewables, announced that the 200 MW utility-scale Wright Solar project, utilizing Sungrow SG2500U-MV turnkey inverter solutions, has been operational since early this year in California’s Central Valley, making another milestone for the Company’s continued commitment to utility-scale segment in the North American solar market. Notably, the project is California’s largest solar installation built

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JinkoSolar to announce record high quarterly sales

JinkoSolar, the world’s largest solar panel maker, reported on Friday record high quarterly sales, revenue and profit for the fourth quarter of last year on the back of strong demand for its products. The company said it shipped 4,538 MW of modules in the fourth quarter, up 36.4% QoQ and up 25.4% YoY. Quarterly revenue hit record high of US$1.37bn, up 27.4%

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