Solar Manufacturing News

Korean conglomerate LG reports increasing demand for its high-efficiency PV products in key markets while Kyocera said its solar business is improving profitability. Panasonic posted a slight increase in sales for its PV segment, including solar manufacturing.

Enormous order intake is ensuring high production capacity utilization at the German PV equipment provider. The company said demand was particularly strong for high-efficiency solar cell production equipment in Asia. Thus far this year, however, that has not been reflected in the balance sheet.

PV InfoLink analyzed the key markets of China’s big module manufacturers, as well as product trends, based on export statistics. According to trade figures, the nation’s module exports totaled 34.2 GW in the first half of 2019, up by more than 90% from the corresponding period of 2018. In a nutshell, overseas demand has been strong in 2019.

The Swiss solar equipment supplier today fought off an attempt by its largest single shareholder to have a representative appointed to its board and to have its executive pay regime reviewed. Victory in that battle may secure the company some wiggle room, but the war over corporate strategy appears far from over.

‘Solar Module Super League’ (SMSL) member, Risen Energy Co has continued to grow revenue in 2019, after shifting module sales and PV project development overseas after the China 531 New Deal in 2018, impacted its business.

Ukraine’s favorite solar module manufacturer has posted another encouraging set of returns, after a difficult year in 2018. And Risen – which boasted 6.6 GW of annual production capacity at the end of last year, according to analysts at PV InfoLink – is committed to adding another 2.5 GW before 2022.

The factory, backed by the Turkish government in September, was originally intended to be built with the support of Korean solar manufacturer Hanwha Q Cells. The new partner is China Electronics Technology Group Corporation (CETC). Production is planned to start next year.

PV manufacturers receive 10% of the value of their exported products as an incentive and the nation’s central bank has extended the program to cover this financial year. Bangladesh’s solar manufacturers have called for more, however, and point to more generous schemes to the west.

Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has won a major repeat order from two top-tier China-based manufacturers of high-efficiency PERC (Passivated Emitter Solar Cell) solar cells.

PV wet processing specialist, RENA Technologies has received equipment orders from three leading PERC (Passivated Emitter Rear Cell) solar cell manufacturers in Asia, totalling 10GW in the last three months.

The fact solar manufacturers in China are still aggressively expanding output illustrates the strength of global demand for PV even as hopes for a rebound in Chinese installations appear to have been groundless.

Thin-film solar panel manufacturer First Solar today announced the start of production at its new PV module manufacturing facility in Lake Township, Ohio — a few miles from its flagship 600-MW factory in Perrysburg, Ohio. With the completed addition, First Solar has a total annualized production capacity of 1.9 GW in the United States. The company also manufactures panels in Malaysia and Vietnam.

The Swiss solar equipment maker has already sold its corporate headquarters this week as it aims to generate a fighting fund until the hoped-for returns of a European PV manufacturing renaissance materialize.

The world’s solar superpower added only 16 GW of new generation capacity up to the end of last month, according to the head of the main industry association. Short of a ten-week miracle, the annual capacity figure seems set for a second consecutive steep annual decline.

The manufacturing facility, idled a few years ago, will produce bifacial modules. The company claims panel efficiency exceeds 20.5% and the factory has an annual production capacity of around 200 MW.