China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings' sales have rebounded in the first half of 2017, fuelled by demand in China for high-efficiency wafers including N-type wafers for ‘Top Runner’ PV power plant projects.
UK-headquartered multicrystalline solar wafer producer PV Crystalox Solar continues to be impacted by global overcapacity in the wafering sector as first half 2017 financial results reflect.
Indian integrated solar firm Tata Power Solar saw profits after tax more than triple in the 2017 fiscal year, driven mainly by a shift in focus from manufacturing towards providing EPC services.
Filipino president Rodrigo Duterte today inaugurated the Philippines first solar module manufacturing facility with an expanded capacity of 800MW at Santo Tomas, Batangas, owned by renewable energy firm Solar Philippines.
Having turned and continue to remain cautious about its business outlook for the second-half of 2017, JA Solar reported second quarter results that simply defied previous guidance, driven by greater than expected demand in China and a start of a rush to stockpile in the US.
The International Solar Alliance (ISA) is set to become a recognised multilateral agency by the end of this year, according to Indian energy and mines minister Piyush Goyal.
Qatar Solar Technologies (QSTec) has taken a 49% stake in SolarWorld Industries GmbH, the new entity that purchased SolarWorld AG’s core manufacturing assets, according to reports in Qatar.
Taiwan-based PV cell and module manufacturer Motech Industries continued a fourth consecutive quarterly loss, yet losses declined on increased solar cell shipments in the second quarter of 2017.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
