The precarious financial position of major tier-one PV manufacturer Yingli Green was further highlighted in its second quarter financial results and subsequent earnings call with financial analysts.
GCL Poly is in the process of selling off its non-solar businesses and will emerge from a proposed US$500 million sale to focus on polysilicon and wafer manufacturing and sales, as well as PV plant development.
Solar, storage and clean energy testing and accreditation house Fraunhofer ISE has claimed that its newest reference photovoltaic cell “significantly reduces” measurement uncertainty and can be used to take accurate field measurements of solar insolation.
Brazil must establish a “specific industrial policy” for domestic PV manufacturing so it can produce the 2GW of solar equipment necessary to operate 61 solar plants planned for 2017, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).
Major photovoltaics energy provider (PVEP) Shunfeng International Clean Energy reported a 19.5% increase in revenue for the first half of 2015 against a backdrop of profits falling 65.8%, compared to the prior year period.
The first reported quarterly figures for PV module shipments in Japan in the country’s current financial year show a drop below the 2GW mark for the first time since JFY2013.
The US Department of Energy (DOE) has backed teams working on 11 new solar technologies based on micro-CPV (concentrated PV), awarding funding of between just under US$1 million and US$3.5 million to each.
Tier-one PV manufacturer Hanwha Q CELLS' PV module shipments have increased 12.2% quarter-over-quarter, driven by shipments to the US, which accounted for 37% of total shipments by revenue in the second quarter.