High-efficiency PV module producer and project developer SunPower said it was reducing its focus in PV power plant development outside the US and focusing more resources to the distributed generation market in the US.
China-based polysilicon and wafer producer Daqo New Energy has reported record production and financial metrics on strong demand in the second quarter of 2016.
Leading CdTe thin-film producer First Solar is undergoing a mid-year restructuring that includes cost cutting activities that should generate a US$2 billion balance sheet cushion against changing solar business dynamics and a looming revenue and shipment hole facing the company in 2017.
With First Solar’s revenue and shipment guidance unchanged and basically locked-in for 2016, despite solar industry dynamics becoming increasingly fluid, filling demand for 3GW of thin-film module capacity in 2017 has become a priority for management as a rather large hole in bookings is proving difficult to fill.
Recent first half 2016 downstream PV installation figures for China have led industry advisory firm AECEA to project full-year figures could be in the 25GW to 30GW range, significantly ahead of planned installs of around 18GW.
Ecoprogetti has launched its latest innovative sun simulator with LED technology in A+A+A+ Class certified and verified by TÜV. The newest levels in A+A+A+ of uniformity, stability and repeatability are the most advanced available in the market, according to the company. Ecosun Plus is the solution for precise and reliable I-V Curve tests of both standard PV modules and mainly for testing all new high efficiency cells technology in PV modules.
In this week's Movers & Shakers, PV Tech reports some recent industry mergers and acquisitions, dramatic UK solar job losses and an equally dramatic opportunity for job growth in the US with Tesla's new Gigafactory in Nevada.
Integrated PV module manufacturer SolarWorld has reported flat revenue and shipments for the second quarter of 2016, compared with the previous quarter.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in June, clearly demonstrate a significant slowdown in recent months.
China-based major EPC firm TBEA Sunoasis has signed a memorandum of understanding (MOU) with two Egyptian government agencies to build two 500MW PV power plants in the country.
