The largest solar cell manufacturer in Taiwan, Motech Industries has added to a major restructuring of the company with the closure of its 1.1GW solar cell manufacturing plant in Taoyuan, southern Taiwan and a 916 reduction in full-time employees by 28 January 2019.
Major PV inverter manufacturer SMA Solar Technology has lowered both its revenue and profit forecast again for 2018, citing continued ‘strong pricing pressure’ through November.
US-headquartered high-efficiency PV module producer SunPower Corp has concluded the sale of its US residential lease portfolio with a subsidiary of Hannon Armstrong as the company sells assets to improve its balance sheet.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has agreed to take full control of Huajun International Group’s PV manufacturing operations (Huajun Power Technology (Jiangsu) Co), as part of a cooperation framework agreement that would last for three years.
Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar is expecting to lower its capital expenditure (capex) in 2019 after almost tripling in-house capacity (ingot/wafer, cell and module), since 2015.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar has reported record PV module shipments in the third quarter of 2018, while slightly lowering full-year shipment guidance.
Lightsource BP has moved into the Iberian energy market and plans to work with local partners to purchase and co-develop utility-scale ground-mount solar sites as well as to create a greenfield pipeline of solar projects across the Iberian Peninsula.
