US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
A range of diverse projects both regionally and in scale have been announced, which includes a 23.5MW PV project in New Jersey, 1.5MW of rooftop projects in London, UK and a total of 98MW in Binh Thuan and Long An Provinces, Vietnam.
For all intents and purposes, 2018 may be remembered as the year that Taiwanese solar manufacturing moved from its former cell-making glory days of the past (Taiwan solar 1.0) to adjust to the new reality as defined by China’s bulldozing annihilation of cash-struck overseas manufacturing regions in recent times.
US-headquartered high-efficiency PV module producer SunPower Corp has said that its interdigitated back contact (IBC) solar cells and modules have been granted exclusion from the US Section 201 import tariffs that were imposed by President Trump in early 2018.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has appointed a new chairman and CEO with former experience at the company as parent, Hanwha Group begins consolidating solar sector subsidiaries.
PV tracker firm Mecasolar has signed an agreement with Anchor Electricals, a Panasonic Group Company, to produce and distribute its products in India, and to supply them to Southeast Asia and Africa.
Sweden’s first commercial wind power developer Eolus has entered the US solar-plus-storage market, announcing the acquisition of a mega-project currently in development.
China-based polysilicon and multicrystalline wafer producer Daqo New Energy has said it would discontinue its solar wafer manufacturing operations in September, 2018.
Much has been written and voiced over the past couple of months in the PV industry, following the so-called China-531 policy announcement that finally provided a wake-up call to Chinese manufacturers that their domestic end-market was not going to be allowed to maintain its near-exponential growth characteristics.
