GCL-Poly Energy Holdings, the largest polysilicon and wafer producer in the PV industry has confirmed the sale of its wafer production assets for approximately US$1.3 billion in cash.
Italian specialist solar cell manufacturer, MegaCell, has signed a memorandum of understanding with Egyptian investment firm, Misr Asset Management, to seek investors to build and operate a 120MW solar cell and module assembly plant in Egypt using its n-type monocrystalline bi-facial cell technology.
Citing continued strong global growth and market share gains, major PV manufacturer, JinkoSolar said it was planning to expand module capacity in 2015 by 20% to 25%.
Major PV manufacturer JA Solar said it was planning to expand both solar cell and PV module capacity by around 20% in order to keep in alignment with expected global market growth in 2015.
Major PV equipment supplier, Meyer Burger has officially opened its heterojunction (HJ) solar cell pilot production line with CSEM at subsidiary, Meyer Burger Research AG in Hauterive, Neuchâtel, Switzerland.
Ahead of its financial analyst day event, major PV energy provider SunPower has pre-released financial guidance for 2015, while announcing its highly anticipated next wave of manufacturing capacity expansions.
The largest polysilicon producer, GCL-Poly Energy Holdings and a group of other investors are to take a majority shareholding in bankrupt PV module manufacturer, Shanghai Chaori Solar. The company also announced plans to dispose of its wafer production business, which has recently been expanded to a nameplate capacity of 13GW.
Samsung SDI and PV inverter manufacturer, Sungrow Power Supply are to team on building and operating a lithium-ion battery energy storage plant in China and the supply of energy storage systems in the country.
Chang Zhou Almaden a major PV glass manufacturer in China is establishing a new manufacturing plant in Dubai to produce 400,000 PV glass substrates per annum.