Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials has reported a 54.8% decline in third quarter 2016 revenue as the impact of a major demand slump in China after June’s feed-in tariff changes seriously curtailed PV power plant construction in China.
Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.
Major polysilicon producer Wacker Chemie has reported that polysilicon sales declined 6.8% in the third quarter of 2016, due to weaker demand and ASP declines, specifically in September.
Specialist PV manufacturing equipment supplier RENA Technologies has secured a significant tool order from China-based LERRI Solar said to be in the double-digit million euro range to meet more than 2GW of monocrystalline PERC solar cell production.
‘Silicon Module Super League’ (SMSL) member Trina Solar has recently pulled out of a deal to have its PV modules assembled in Japan by module assembly equipment supplier and assembly sub-contractor, NPC Group.
This blog contains the concluding part of my Tales from Taiwan feature, with the first blog - Tales from Taiwan Part 1: more capacity comes online, but not in Taiwan - appearing on PV-Tech earlier this week.
India’s installed cell and module manufacturing capacity has reached 1,468MW and 5,848MW respectively as of 30 June 2016, according to figures released by the Ministry of New and Renewable Energy (MNRE).
Former China-based integrated PV manufacturer LDK Solar, which entered liquidation proceedings in the Cayman Islands and bankruptcy in mainland China has resulted in major creditor losses and its wafer and cell production operations being acquired.
After a week in Taiwan, overlapping with the PV Taiwan exhibition and conference in Taipei last week, my main takeaway is the scale of new capacity that is confirmed to be coming online over the next 3-6 months, no matter what is happening today regarding supply levels and end-market demand. This and other conclusions from my week in Taiwan are covered in two blogs this week on PV-Tech.
