United Renewable Energy Co., Ltd. (URE), the planned name for three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy are still evaluating the commercial rationale of establishing a US-based PV manufacturing plant, post the merger, which is being targeted for October 1, 2018.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported first quarter 2018 financial results that were better than expected as revenue and shipments were higher than guided with further PV power plant sales completed in the quarter.
Brazil Ministry of Mines and Energy (MME) has said it expects the 49 solar projects contracted in the last A-4 energy auctions to generate investments of BRL8 billion (~US$2.2 billion) by 2021 and create a further 1.8GW of power capacity.
Queensland is currently the leading Australian state for large-scale solar development and is pushing the country towards another record year, according to Clean Energy Council chief executive Kane Thornton.
Specialist PV manufacturing equipment supplier Amtech Systems is looking to expand its component outsourcing to include solar equipment production in China to remain competitive.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has lowered full-year shipment guidance to 5,600MW to 5,800MW, compared to its initial guidance of 6,000MW to 6,200MW, which could be attributed to the impact of the US Section 201 trade case duties and the company’s refocus on the European market.
India’s Directorate General of Anti-Dumping and Allied Duties (DGAD) will hold an oral hearing for its anti-dumping investigation into imports of textured, tempered glass from Malaysia, on 11 June in New Delhi.
NTPC's 750MW auction draws winning price of 2.72 rupees, Rays Power Infra completes 130MW of open access solar plants in Karnataka, AfDB approves US$1.5 million for Nigerian solar procurement program
PV Tech’s recent coverage of three publicly listed PV inverter manufacturers (SMA Solar Technology, SolarEdge Technologies and Enphase Energy) first quarter financial results has highlighted a looming battle between two of the companies over achieving the highest annual revenue figures (US$ adjusted) in 2018.
