The hype surrounding India’s plans to install 100GW of solar by 2022 went to a new level at the weekend as India’s Prime Minister, Narendra Modi and Piyush Goyal, Minister of State for power attended the first government backed event to kick-start investment in Modi’s plans.
US-based polysilicon producer REC Silicon is planning to attempt to shift its current FBR-based (fluidised bed reactor) polysilicon production sales away from China over tariff duty uncertainties and the eventual ramp of its JV FBR-base plant in China in 2017.
Chinese PV manufacturer Zhongli Talesun has officially started construction of a 500MW integrated solar cell and modules assembly plant in the Thai-China Industrial Park in Rayong, Thailand.
Waaree Energies, one of India’s largest PV module manufacturers, is significantly adding capacity to meet demand. Having already expanded capacity to 500MW it now plans to double that to 1GW over the next four months.
The top 20 PV module manufacturers shipped 8.8GW in the fourth quarter of 2014, generating an estimated US$5.9 billion in revenue, according to market research firm IHS.
PV equipment specialist Singulus Technologies said it had received contractually agreed payments for CIGS thin-film equipment believed to be for Hanergy’s planned capacity expansions in China.
After a strong recovery in solar cell shipments at the end of 2014, Taiwan-based cell producer, Gintech Energy reported a 29.8% month-on-month sales decline for January, 2015.
