The PV equipment manufacturer further improved its sales in the third quarter. The company said its CIGS orders are fully on schedule and will be included in the results of the fourth quarter.
Gyanesh Chaudhary, the MD, and CEO of Vikram Solar, speaks to pv magazine about the international solar alliance event held in collaboration with MNRE and CII at COP23 in Bonn, Germany and more on the Indian solar manufacturing sector. He is a part of the Indian (CII) delegation to COP23, Bonn Germany.
JA Solar has recorded a net profit of CNY 41.9 million ($6.3 million) in the third quarter of 2017, down nearly 5% year on year, as revenue slid 27.1% from the preceding quarter to CNY 4.3 billion.
pv magazine has learned that Hanwha QCells has started the construction of its Turkish panel factory, which the company decided to locate in the country’s capital city Ankara due to earthquake risks. The decision opens the debate about nuclear safety in Turkey even more powerfully.
Maximilian Germann, head of sales at German stringer experts M10 Industries, explains the benefits of uninterrupted cell production from a cost and quality perspective, and how Indian solar companies are beginning to put long-term opex ahead of short-term capex concerns.
The expansion plan also aims to increase the average module power up to over 400 W. The factory, located in Novocheboksarsk, produces 72-cells HJT standard and bifacial modules.
The solar panel manufacturing facility will be located in the state of Rio Grande do Norte and will serve Brazil and other markets in Latin America.
Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).
The Korean manufacturing giant posted a slight drop in revenue and profits for the third quarter ending September 30th, but expects to achieve total module shipments in the range of 5.5 GW to 5.7 GW for the full year 2017.
Norway headquartered REC Group has become the latest solar manufacturer to post increased module shipments for the third quarter of 2017, as global demand continues to be buoyed by massive installations in China and a rush for U.S. projects to procure modules.
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