Firm finds PV power plant project merger and acquisitions were the only bright spot in the global solar funding sector in Q1 2020, as corporate project funding sharply declined year-on-year.
Consultancy cites project delays and financial fallout as it cuts its pre-pandemic 2020 global solar installation forecast by 18% from 129.5GW to 106.4GW.
Major polysilicon and wafer producer GCL-Poly Energy Holdings reduced losses in its Materials business segment in 2019 by continuing to reduce polysilicon production while boosting solar wafer capacity by 5GW.
KSTAR has introduced its new KSG grid-tied PV inverter KSG-3000S / KSG-3000D / KSG-3600D / KSG-4000D / KSG-4600D /KSG-5000D / KSG-6000D series for residential and commercial rooftop applications.
Preliminary data compiled by PV Tech highlights an unprecedented level of solar industry capacity expansion plans having been announced in just the first quarter of 2020, easily surpassing any total annual plans in the history of the industry.
PV manufacturing equipment specialist Meyer Burger has extended short time working initiatives deployed at its German operations to both its sites in Switzerland to reduce operating costs during the COVID-19 pandemic.
ROTH Capital and Wood Mackenzie analysts have updated their outlooks on COVID-19's potential impacts on the US residential and utility-scale solar markets, respectively.
Taking a more pessimistic view of the impact of COVID-19 on the end-market demand for solar installations in 2020, IHS Markit expects global installs to decline 16% to 105GW in 2020, compared to around 125GW in 2019.
Updated: US-based high-efficiency module supplier Solaria Corp has filed suit against ‘Solar Module Super League’ (SMSL) member, Canadian Solar, claiming patent infringement of its ‘shingled’ solar cell technology.
‘Solar Module Super League’ (SMSL) member Trina Solar expects its recently introduced high-performance ‘Duomax V’ bifacial double-glass panel and ‘Tallmax V’ (backsheet) series panel nameplate capacity to reach around 5.5GW by the end of 2020.
