Extension of EU duties on Chinese solar products is now official
On Friday, the EU published in its Official Journal the 18-month extension of antidumping and anti-subsidy duties on Chinese solar products, including notification of a partial interim review of the measures. The review could lead to the gradual reduction of duties and minimum import prices. The EU will also consider if the Minimum Price Undertaking agreement is still of relevance.
ReneSola regains NYSE listing compliance
The Chinese integrated PV manufacturer’s stock has traded above the New York Stock Exchange’s (NYSE) minimum threshold of $1.00 per share for 30 straight days.
Huadian wraps up 40 MW of solar in China
The Chinese state-owned power producer has connected three projects to the grid in eastern and northern China.
GCL New Energy secures go-ahead for $254 million of green bonds
The Shenzhen stock exchange has approved a proposal by Suzhou GCL New Energy Investment, a unit of the Chinese PV group, to issue the bonds.
Comtec buys 51% of Chinese rooftop PV developer
The Shanghai-based integrated solar specialist has completed the purchase of 51% of the entire issued share capital of developer Forum (Asia).
Meyer Burger continues strong start to 2017 with $23.7 million PERC upgrade order
The PERC upgrade cycle continues at pace in 2017, with it continuing to deliver orders to Swiss equipment supply giant Meyer Burger. Today it announced a new $23.7 million order for an unnamed Chinese manufacturer.
Xinyi Solar’s net profit soars 65% in 2016
The Chinese solar glass manufacturer reported net income of HK$1,985.6 million ($255.8 million) in the 12 months to the end of December, from HK$1,205.6 million a year earlier.
SunPower, Dongfang to establish 5 GW P-Series cell, module factory
The U.S. solar maker and two Chinese companies are planning to build out the massive factory in eastern China, making good on the promise to transition to the lower-cost P-Series.
United PV chooses EPC firms for 50 MW ‘panda’ project
Datong Panda PV, an indirect wholly owned subsidiary of United Photovoltaics, has selected two EPC providers to work on a panda-shaped PV array in northern China’s Shanxi province.
JinkoSolar shipments grow in Q4 2016, revenues, margins fall
Leading Chinese PV manufacturer JinkoSolar has continued to grow shipments in Q4 2016, with full-year (FY) module sales increasing close to 50% YoY. Downward price pressure continues to bite, with revenues falling 8.3% compared to Q3, and almost 14% year-on-year.
