China-based integrated polysilicon and merchant cell manufacturer Tongwei Group has guided net profit in 2018 to be flat to slightly up on the previous year, despite rapid solar cell capacity expansions.
This article reveals the top 10 module suppliers of 2018, based purely on own-brand shipped module MWp-dc volumes. This ranking complements our recently published top 10 cell producers feature.
PV CellTech 2019 takes place in Penang, Malaysia on 12-13 March 2019, and once again will feature keynote presentations from CTOs and heads-of-R&D from the leading multi-GW cell producers of the industry in 2019.
Major polysilicon producer Wacker Chemie has reported its polysilicon division was heavily impacted by the slump in demand due to China’s ‘531 New Deal’ as a reason for the sharp decline in revenue and profitability which declined significantly in 2018.
Enel subsidiary Enel Green Power Brasil (EGP Brazil) has signed agreements to sell three fully operational renewable energy projects totalling 540MW in Brazil to Chinese company CGN Energy International Holdings (CGNEI) for approximately BRL2.9 billion (US$776 million).
According to reports, Saudi Arabia’s National Industrial Clusters Development Program (NICDP) and petrochemicals to manufacturing conglomerate SABIC have signed MOU’s with LONGi Group and OCI to bring fully integrated solar manufacturing to the country.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
Italian utility Enel has launched a €1 billion (US$1.14 billion) green bond to finance new renewables, transmission and distribution networks and e-mobility projects.
Cepsa and Masdar, the Abu Dhabi Future Energy Company, are to partner on setting up renewable energy projects in Spain and Portugal, where Cepsa is planning 500-600MW of capacity over the next five years.
