PVInsights reports strong price drop for monocrystalline products
The latest figures from the Taiwanese analysts show that prices for monocrystalline solar PV products have fallen sharply in a week-on-week comparison. The price drop for wafer was even stronger.
Kyocera to supply batteries, home energy systems for virtual power plant in Japan
Kyocera will participate in a new project in northern Japan to test how flexibly electricity suppliers can respond to fluctuations in energy supply and demand.
India: Waaree opens 1 GW solar module plant, plans to manufacture batteries
Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries.
India issues EoI for establishment of PV module manufacturing units
India-based Central Electronics Limited (CEL) has invited an expression of interest (EoI) for the establishment of manufacturing facilities for the production of solar cells and crystalline silicon (c-si) modules (conventional/flexible) in India.
2018 global PV market to see negative growth following China backtrack
Global solar PV demand this year will be less than in 2017, on the back of China’s latest policy decision, says TrendForce. Overall, it sees new installs dropping 40% in China to 31.6 GW. The protectionist measures taken by the U.S. will also be weakened by the resulting falling module prices.
Goldbeck Solar highlights importance of first-class guarantees
Goldbeck Solar shares the unfortunate details of a botched module supply deal with China Sunergy. To date, Goldbeck Solar claims it is yet to receive a single module.
Taiwan’s biggest PV module manufacturing fab inaugurated
The first solar PV modules have come off of TSEC Corp.’s new 1 GW manufacturing facility – the biggest of its kind in Taiwan.
Yingli’s financials go from bad to worse
In reporting its FY 2017 financials, Yingli has again revealed that “substantial doubt exists as to the Company’s ability to continue as a going concern.” It is seeking to agree on a debt restructuring plan with creditors, and is asking them to refrain from initiating bankruptcy proceedings. Overall, it recorded a 2017 net loss of US$510 million and total liabilities of $3.2 billion. It has not issued guidance for this year.
Indian government mandates stringent quality controls for solar equipment
In a much-awaited move, India’s Ministry of New and Renewable Energy (MNRE) has mandated that, effective April 16, 2018, all solar equipment manufacturers will have to register their equipment with the Bureau of Indian Standards (BIS).
Canadian Solar exceeds Q4 shipment guidance, posts $99.6m profit in 2017
Canadian Solar has recorded net income of about $99.6 million for 2017, up sharply from the preceding year, as its full-year PV module shipments jumped by roughly 1.6 GW on the year to 6.8 GW.
