Technically bankrupt integrated PV module manufacturer Yingli Green maybe finally undergoing some form of business and financial restructuring, according to some vague references made by management in its most recent earnings call that attracted only two financial analysts.
Formerly the largest solar equipment supplier Applied Materials booked an impressive US$108 million in new orders in its fiscal second quarter from its EES (Energy and Environmental Solutions) division that has housed its solar PV equipment business.
In the second and final installment of his blog from SNEC in China, Finlay Colville continues to extrapolate a snapshot of the global PV industry from what he saw there and how it all fits into wider trends and realities of the market today.
Solar Intelligence analyst Finlay Colville reports back from SNEC in Shanghai, which finished yesterday. In the first installment of a two-part blog, he draws on his extensive knowledge and analysis of the global PV market to put his findings into the context of wider trends.
It was a long time coming but on Monday evening, Yingli released its annual report. Financials had been released separately at the tail end of last week offering some insight to the company’s fortunes as it looks to navigate an extremely tricky cashflow situation.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has made further revisions to its planned manufacturing capacity expansion plans for 2016, while reiterating previously guided PV module shipments for the year.
The ‘Silicon Module Super League’ (SMSL) members in 2015, Trina Solar, Canadian Solar, JinkoSolar, JA Solar, Hanwha Q CELLS and Yingli Green may have the largest module shipments and manufacturing capacity significantly higher than any other c-Si manufacturer but still lag behind others when it comes to R&D spending.
‘Solar Ready Vets’ is the US Department of Energy’s answer to the urgent demand in solar for highly-trained workers; pairing skilled military veterans with civilian job training in an industry eager to recruit. PV Tech spoke with graduate Logan Rozanski.
