New research undertaken by Solar Intelligence, part of PV Tech’s parent company Solar Media Ltd., can exclusively reveal the forecasted breakdown of production for the different technologies being used within the solar industry in 2016.
Japanese electronics firm Panasonic is reported to be suspending production at its Nishikinohama ‘HIT’ solar cell and module assembly plant due to weak domestic consumer demand in Japan.
Taiwan-based solar wafer producer Green Energy Technology (GET) reported a significant leap in sales for the month of January on the back of higher prices due to industry supply constraints.
PV module assembly equipment specialist Spire Corporation said it would focus on the turnkey PV manufacturing segment after completing the sale of its sun simulator business to Eternal Sun.
Asia-based polysilicon producer Tokuyama Corp said it would take a one-time impairment charge of ¥123.4 billion (US$1.02 billion) on its two polysilicon plants in Malaysia as ASPs were lower than expected and not inline with previous business guidance.
The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
‘Silicon Module Super League’ (SMSL) member JinkoSolar has confirmed it has secured a 1GW module supply deal with US-based independent power producer (IPP) sPower.
Diversified Chinese enterprise Hengdian Group DMEGC Magnetics Co (DMEGC) has started construction of a new 500MW integrated monocrystalline solar cell and module plant in Hengdian, Zhejiang Province, China for subsidiary, DMEGC Solar Energy.
German Electro-Mechatronic Systems (GES), a Germany-headquartered company with a background in LED lighting, has signed a deal to manufacture solar PV panels and LED lights in Macedonia.
A consortium between India-based integrated utility and solar developer Essel Infra and China-based PV material manufacturer Golden Concord Holdings (GCL) has signed a memorandum of Understanding (MoU) with the Andhra Pradesh government to invest US$2 billion in developing 5GW of module manufacturing capacity by 2020 in the Indian state.
