Egyptian manufacturing firm Kemet has signed a deal with Chinese solar manufacturer GCL Technologies to build a 5GW solar cell and module manufacturing hub in the country.
Solar manufacturing major Canadian Solar is looking to raise US$200 million in convertible senior note sales to support its US manufacturing operations
Wang Bohua, honorary chairman of the China PV Industry Association (CPIA), said that the polysilicon production in China experienced its first year-on-year decline since 2013, while wafer production registered its first year-on-year decline since 2009.
Multinational solar manufacturer Canadian Solar will assume direct control of its US solar PV and energy storage manufacturing operations, in a strategic move which may reduce its supply chain risks.