China-based integrated PV manufacturer ReneSola has been warned by the New York Stock Exchange (NYSE) that it is at threat of being de-listed, due to non-compliance with the US$1.00 minimum share price rule.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in October 2016, reflect the continued reaction to the rapid decent into overcapacity at the beginning of the second half of the year.
Nuclear reactors approaching end-of-life, a sound PV manufacturing industry and a robust legal system all make a strong case for solar PV to muscle into Taiwan’s energy mix. Last year, a new government set a target of 20GW solar by 2025, but the industry must deal with scarce land availability and the threat of typhoons. PV Tech examines some of the huge numbers being proposed and what it will take to realise them.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported a 30.5% decline in third quarter 2016 revenue, primarily due to a major slowdown in downstream PV project construction in China since the end of June and average selling price decline as overcapacity took hold in the quarter.
As we finalize the agenda for PVCellTech 2017 – to be held in Penang, Malaysia, on 14-15 March 2017 – one of the key goals is to understand how solar cell advances in mass production are driving module availability to the market.
Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials has reported a 54.8% decline in third quarter 2016 revenue as the impact of a major demand slump in China after June’s feed-in tariff changes seriously curtailed PV power plant construction in China.
Japanese electronics firm Kyocera Corporation reported continued pressure on its solar sector sales as solar panel price erosion and weaker demand continued to impact financials of its Applied Ceramic Products Group Sales.
Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.
Specialist PV manufacturing equipment supplier RENA Technologies has secured a significant tool order from China-based LERRI Solar said to be in the double-digit million euro range to meet more than 2GW of monocrystalline PERC solar cell production.
This blog contains the concluding part of my Tales from Taiwan feature, with the first blog - Tales from Taiwan Part 1: more capacity comes online, but not in Taiwan - appearing on PV-Tech earlier this week.
