India’s solar manufacturers have said that roughly 2.25GW of module manufacturing capacity that was previously reported as functional is either obsolete or too old to be counted as operational, according to consultancy firm Mercom Capital Group.
This week's Movers & Shakers segment involves new CEOs, CFOs and managing directors. New Jersey's NRG Energy exits the residential solar business and the SEIA bestows its prestigious Solar Champion Award.
Taiwan-based merchant cell and module producer Neo Solar Power (NSP) said it would incur impairment charges of around NT$ 1,330 million (US$43.2 million), due to manufacturing plant relocation and a loss from previously sold equipment to TS Solar.
High-efficiency PV module producer and project developer SunPower has reached a production average cell conversion efficiency of 25% at its Fab 4 facility in the Philippines, the highest in the industry.
Taiwan-based merchant cell and module producer Neo Solar Power (NSP) said its downstream IPP (Independent Power Producer) entity Clean Focus Yield (CFY) is to be listed on the Hong Kong Stock Exchange.
At the start of each year, when market observers do their annual look at the year ahead, there is normally always a vague statement about some type of widespread consolidation of companies set to unfold.