Leading solar manufacturer JinkoSolar has said it is now “actively preparing” to list its Jiangxi subsidiary on China’s STAR market after it raised around US$458 million through an equity financing round.
‘Solar Module Super League’ (SMSL) member Trina Solar reported an 18.66% increase in revenue for the first nine months of 2020 compared to the prior year period, setting the company on a path to exceed 2019 financial results in the fourth quarter after several years of annual revenue declines.
Major polysilicon and merchant solar cell producer Tongwei has resumed production at its 20,000MT polysilicon plant in Leshan City, Sichuan province after damage, due to severe flooding in the region forced the plant to close in mid-August, contributing to a spike in polysilicon prices at the time.
As part of a strategy that includes retiring coal-fired power plants by 2040 and reaching net zero carbon emissions from electricity generation by 2050, utility company Alliant Energy has published its ‘Clean Energy Blueprint for Iowa’.
US distributed solar and storage firm SunPower has joined the ranks of US installers to bounce back from a COVID hit Q2, while raising its guidance for the full year.
Enphase Energy exceeded its revenue guidance in the third quarter as microinverter shipments rebounded strongly on the back of a “significant” improvement in global demand.
Total solar installations are to hit 115GWdc this year as the sector continues to record a robust recovery from the COVID-19 pandemic, analysis by Wood Mackenzie claims.
A round-up of the latest news from the US solar and storage sectors, including a major project win for Hanwha Energy, a geographical expansion for Solar FlexRack and more.
‘Solar Module Super League’ (SMSL) member First Solar is undertaking capacity expansions at its two existing manufacturing plants in Ohio, while evaluating several new international locations to grow its global module sales business as initial Series 6 CdTe thin film module expansion plans come to an end, effectively becoming capacity constrained again from 2021, onwards.
