Private equity house Aurica Capital tells PV Tech why it chose trackers for its first ever solar deal and why the broader PV supply chain holds potential for an investor of its nature.
‘Solar Module Super League’ (SMSL) member, LONGi Solar has signed a framework agreement to buy Vietnam-based solar cell and module OEM (Original Equipment Manufacturer), Vina Solar for RMB 1.78 billion (US$253 million).
Major PV inverter manufacturer, SolarEdge Technologies has reported a second consecutive year of over 50% revenue growth as quarterly and annual sales continued to break company records.
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
Carrie Xiao speaks exclusively to Trina Solar vice general manager and executive vice president Yin Rongfang on the company’s continued R&D, the roadmap for its new 210 module and why he feels modules remain “grossly undervalued” in the solar supply chain.
‘Solar Module Super League’ (SMSL) member First Solar has forecasted net sales for 2020 to be in the range of US$2.7 billion to US$2.9 billion, compared to reporting 2019 sales of US$3,063 billion.
New census figures from the Solar Foundation show that US solar industry grew by 5,600 jobs last year, reaching nearly a quarter of a million positions across the nation.
