Solar Manufacturing News

The collapse in business for the solar EPC provider after last year’s 5/31 policy announcement by Beijing has left the company’s future depending on the progress of a Chinese state bail-out. Provided that is, the business does not end up being wound up by Deutsche Bank first.

The manufacturer has been unable to get its new mono ingot and wafer making facilities up to full speed and says the delay in confirming Beijing’s new solar policy this year also affected its bottom line.

The manufacturer says its Kwafoo product improves efficiency and, if used in the optimal p-type PERC type of panel, could boast a module output of 610 W.

The High Court has approved plans for the Chinese state-owned power company to reassume control of its Hong Kong-listed solar project development business.

To develop cost-competitive solar modules the nation must adopt a phased program and set up 15 GW of silicon-ingot-to-solar-module manufacturing capacity by 2024, according to The Energy and Resources Institute.

Yingli’s European subsidiary has supplied Spanish solar developer Solaria Energia y Medio Ambiente with PV panels for three plants with a combined 110MW of capacity.

Solar Module Super League’ (SMSL) member, Canadian Solar plans to increase module assembly capacity to 12,220MW in 2019, an increase of 1,000MW on strong demand.

LONGi celebrated the launch of its new Hi-Mo X module in Australia this week, clinching the industry’s first Clean Energy Council (CEC) enhanced standards pre-qualification.

China-based polysilicon producer Daqo New Energy Corp has been impacted by weaker than expected financial results for the second quarter of 2019, due to the lack of demand in China and record low polysilicon prices.

Leading PV manufacturing equipment supplier Meyer Burger Technology is seeking a new business model with integrated PV module manufacturer, REC Group to establish revenue share from establishing multiple gigawatts of heterojunction (HJT) solar cell and module production in Singapore.

The polysilicon manufacturer took a step back in the last quarter to take two steps forward in the next, bringing forward annual maintenance operations at its main production facility to prepare for a solar gold rush expected to start next month.

Manz and Singulus have both seen turnover drop in the first half.

The VDMA says Europe can restart a solar production sector that can compete on price with Chinese imports by reducing transport costs – provided a Euro supply chain can be established.

A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.

The Chinese PV group recorded a loss attributable to owners of the company of roughly $141.1 million, as its solar materials division posted a loss of approximately $185.5 million.