Canadian Solar has launched its next generation ‘ResidentialAC’ system less than six-months after the initial launch. The upgraded system combines the 250W PV module with its next generation microinverter while maintaining a standard 25-year system performance warranty.
Having only launched its first AC module with its in-house developed microinverter at last October’s Solar Power International expo in the US, Canadian Solar has released its next generation offering employing higher performing modules.
China’s domestic demand for solar modules soared in the fourth quarter of 2012, according to the latest findings from NPD Solarbuzz, resulting in China becoming the main demand driver globally for the first time.
The Carinthian Tech Research centre (CTR) has begun research designed to enable a non-destructive technique for crosslinking of the typical potting material agents used in PV module assembly.
In an rather incestuous deal and conformation that consolidation along with capitulation is occurring in the Chinese PV market, tier 2 PV manufacturer, Goldpoly New Energy Holding has acquired China Merchants New Energy (CMNEG) in a deal valued at HK$2.12 billion (US$273 million).
Weaker than expected demand in key markets of Italy and Germany in the fourth quarter has led PV inverter supplier Power-One to lower revenue guidance to between US$190 million to US$195 million, down from a range of US$210 million to US$230 million.
The dire business conditions within the solar wafering sector have forced slurry recycling specialist, SiC Processing to warn of over a €100 million in equity losses, or more than half the equity in the company as it deals with insolvency proceedings.
China-based module manufacturer JinkoSolar has claimed its latest high-efficiency PV modules, dubbed ‘Eagle’ have been certified as potential induced degradation (PID) free from an unidentified testing house.
Slurry recycling specialist, SiC Processing which is currently in receivership, has warned unsecured creditors to expect low debt recovery due to a preliminary, unaudited assessment of its assets.
