The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk of the global market that is set for its first-ever annual contraction. [...]
Vivint yesterday said it plans to offer LG Chem RESU batteries to its solar customers across the U.S. this year. The company launched the energy storage offering this week for its customers in California. [...]
LG Electronics announced plans for a new solar module assembly plant in Huntsville, Ala. The new factory will create about 160 new full-time jobs, increasing LG's Huntsville employment by 60 percent to more than 400 workers. [...]
When solar analysts talk about the solar coaster, they aren’t kidding. News on November 16 that U.S. thin-film solar module manufacturer First Solar was planning to lay off a significant portion of its workforce, cancel its series 5 module production line and restructure the company hit the industry hard, especially since the news came just one week after the U.S. presidential election in which Trump was elected.
But it’s important to remember that while the news did coincide with the news t [...]