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Insolvent German module manufacturer Solar-Fabrik has said it is to reduce its workforce by 65 jobs as it continues to search for an investor to rescue the company.
Module manufacturer Trina Solar has reported record first quarter module sales of 1,026.2MW for Q1 2015.
The “gradual decrease” in debt and cash from its nascent downstream business will be at the heart of Yingli’s long-term future, the company’s CFO has told PV Tech.
Shares in tier-one module manufacturer Yingli fell 36% yesterday in the wake of a warning from the company that it was struggling.
Major tier-one PV manufacturer JA Solar said it was building a 400MW solar cell plant in Penang, Malaysia as well as adding capacity for high-performance monocrystalline and multicrystalline cells and modules, while establishing a JV module partnership with Essel in India.
Tier one module supplier Hanwha Q CELLS connected two new solar plants with a total capacity of 45MW in the UK prior to the country’s 1.4 Renewable Obligation Certificate deadline.
Consumer electronics and PV materials manufacturer Panasonic will invest ¥9.5 billion to expand its solar cell and module production lines in its home country of Japan by 150MW a year.
German manufacturer SolarWorld will launch bifacial modules, a new storage system and a new residential inverter at Intersolar Europe this year.
The world’s second largest solar manufacturer, Yingli Green Energy, has raised “substantial doubts” over its ability to continue “as a going concern”.
Integrated PV module manufacturer SolarWorld said its Passivated Emitter Rear Cell (PERC) technology had proved a big hit in the US market and would reach 430MW of production capacity at its US-based plant in Hillsboro, US in the second quarter of 2015.
Module manufacturer REC Solar has launched a certification scheme for installers in the Philippines.
The business model behind a hybrid plant which uses solar PV, combined heat and power systems and battery storage at a commercial facility in Germany, could be adapted and scaled up elsewhere, according to General Electric (GE), one of the project’s partners.
PV module encapsulant supplier STR Holding has resorted to accepting PV modules as payment worth approximately US$7.4 million for encapsulant material supplied to a Chinese PV module manufacturer.
Sharp Corporation reported its Solar Cells unit significantly increased sales and operating income in FY2014 due to strong domestic demand and its shift to downstream PV mega-solar project business.
Major tier-one PV module manufacturer JinkoSolar has signed a massive module supply deal with China Minsheng New Energy (CMNE) totalling 1GW over the next two years.