Former integrated PV manufacturer LDK Solar has entered liquidation proceedings in the Cayman Islands, while its mainland China assets undergo restructuring.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements for March, 2016 has revealed over 7.3GW of planned future expansions of solar cell and module production.
In February, 2016 SolarCity, the largest residential solar PV installer in the US said in its fourth quarter 2015 earnings call that its ambitious 1GW Buffalo Riverbend manufacturing facility had been impacted by longer than expected equipment lead times, pushing some equipment installs into the second-half of 2016.
This article reveals the most important PV manufacturers and suppliers to the solar industry in 2016. The new analysis and methodology explains exactly which companies are currently controlling, shaping and influencing all metrics related to upstream manufacturing trends and final end-market module shipments.
By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
Integrated PV module manufacturer REC Solar has said that it would migrate all production at its manufacturing facility in Tuas, Singapore to its half-cut PERC cell technology, used for its ‘TwinPeak’ series modules.
Japanese thin-film manufacturer Solar Frontier has heralded a 150MW module supply deal in the US as a major step towards its final decision on building a factory in America.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar has officially started ramping its solar cell and module assembly plant in Rayong, Thailand, meeting every milestone on schedule, from groundbreaking to production, according to the company.
