Silicon wafer furnace to downstream PV power plant owner, Beijing Jingyuntong Technology Co (JYT) has reported its PV power plant capacity in 2018 totalled 1,239.11MW, an 18% increase over the previous year.
A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
Independent Solar Power Producer (IPP) Sonnedix has bought a portfolio of 28 solar PV plants from Italian energy company Graziella Green Power S.p.A., with a combined capacity of 53MW. Financial details were not disclosed.
Solar cell production in 2018 represented change on many fronts, but may be remembered as a year during which Chinese-owned companies made further strategic moves as part of the current Beijing mandate to position the country as a high-tech manufacturing global powerhouse.
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co is planning to expand production through its key stakeholders Lin Jianwei and Zhang Yuzheng selling between 5%-10% of their shares in the company to Huajun Industrial, part of the Haujun Group.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp has started changing its long-held strategy of supplying only its in-house produced E Series and X Series panels to residential and C&I (Commerical and Industrial) PV projects in the US.
Just when it looked like the underlining trend for Tesla’s shift away from using third party mainstream solar panel suppliers was set in stone, as manufacturing partner Panasonic started ramping Gigafactory 2 production, the latest data for the third quarter of 2018, goes completely in a different direction.
China-based PV module manufacturer Hareon Solar Technology Co has reported that its main manufacturing subsidiary, Jiangyin Xinhui Solar Energy Co has been forced into bankruptcy liquidation, due to bad debts in the People's Court of Jiangyin City, Jiangsu Province.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has reported a consolidated loss attributable to owners of the company’s shares of approximately RMB 534 million (US$77.8 million) for the first 10-months of 2018.
