BNEF: China to install 54 GW in 2017
According to a newly released forecast by Bloomberg New Energy Finance, China is likely to install up to 54 GW of solar PV before the year is out, surpassing previous expectations.
UN report shows China is becoming major PV technology stakeholder
The report describes how knowledge assets are shaping the current structure of the PV supply chain, and how China was able to catch up technologically by acquiring the necessary assets to enter at different stages of the value chain.
JA Solar to drop NASDAQ listing, go private
JA Solar has signed an agreement to cancel its listing on the NASDAQ stock exchange and go private in an all-cash transaction.
100 MW PV project in Inner Mongolia announced by Yingli Energy
Yingli Solar has announced that its wholly owned subsidiary, Yingli Energy Company Limited is to develop a 100 MW “Top Runner” solar project in Wuhai City, in China’s Inner Mongolia autonomous region.
Polysilicon shortage in China drives 35% price spike, Bloomberg reports
Amid an unexpected shortage of a key raw material, solar manufacturers in China are now under pressure of higher costs and narrowing margins.
JA Solar posts $6.3 million net profit in Q3
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.
Kong Sun buys 59 MW in China for $80.9 million
Kong Sun has agreed to acquire 59 MW of operational solar capacity in China for roughly $80.9 million.
Daqo posts $24.1 million net profit in Q3
Daqo New Energy recorded a net profit of $24.1 million in the third quarter of 2017, as the polysilicon and solar wafer producer’s revenue rose nearly 18% from the preceding three-month period to $89.4 million.
Shareholder vote puts Brookfield closer to TerraForm Global acquisition
Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.
GCL unit pays first tranche of $30 million investment in Millennial Lithium
A unit of China’s GCL group has moved forward with a $30 million strategic investment in Millennial Lithium by finalizing the first of two payments for a 17% stake in the Canadian exploratory mining firm.
