Leading polysilicon and wafer producer GCL-Poly reported a 15% cut in production of polysilicon in the third quarter of 2016, compared to the prior year period, due to weak China end-market demand.
JinkoSolar, JA Solar, Risen Energy, Wuxi Suntech and Sumec (Phono Solar) have been withdrawn from the EU’s Minimum Import Price (MIP) undertaking by the European Commission.
China-based polysilicon and wafer producer Daqo New Energy reported third quarter 2016 financial results that characterised the abrupt demand slowdown from PV manufacturers at the beginning of the quarter but cited a strong rebound in demand since October.
PV and electronics equipment manufacturing and automation specialist Manz AG has said that expected ‘CIGSfab’ purchase orders that would be the largest in the history of the company have been delayed and not expected to be signed in 2016.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in October 2016, reflect the continued reaction to the rapid decent into overcapacity at the beginning of the second half of the year.
Leading CdTe thin-film producer First Solar has reacted to plummeting global PV module and PV power plant PPA (Power Purchase Agreement) prices by undertaking a major review of its production capacity requirements and planned migrations to its Series 5 and Series 6 modules.
‘Silicon Module Super League’ (SMSL) member, JA Solar has agreed to settle a long-term ‘take or pay’ contract for the purchase of polysilicon from US-based polysilicon producer Hemlock Semiconductor.
State-owned PV manufacturer HT-SAAE is pursuing the government’s ‘One Belt, One Road’ industrial strategy as it looks to diversify the geographic spread of its end customers.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported a 30.5% decline in third quarter 2016 revenue, primarily due to a major slowdown in downstream PV project construction in China since the end of June and average selling price decline as overcapacity took hold in the quarter.
