China-based PV module assembly equipment specialist Yingkou Jinchen Machinery Co reported record second quarter 2018 operating income as key PV manufacturers in China continued to add new module capacity in the first half of 2018, notably through fully-automated solar module assembly lines.
China-based PV module manufacturer Hareon Solar Technology Co, has reported unaudited first half 2018 financial results, highlighting the collapse in the company in 2017, as losses mounted and was forced into major restructuring in 2018.
With Europe to end the Minimum Import Prices (MIPs) on Chinese imports of solar cells and modules today, following a European Commission announcement late last week, PV Tech gathered initial responses from the industry.
The European Union has officially elected not to extend anti-dumping duties against panels imported from China, with the minimum import price now ceasing to exist from midnight Monday 3 September 2018.
Malaysia has requested consultations with India over its 25% safeguard duty on imports of solar cells and modules from developed countries, China and Malaysia, in a World Trade Organisation (WTO) filing dated 30 August.
The European Bank for Reconstruction and Development (EBRD) has signed off on financing for the construction of a 100MW PV project in the Zhambyl region of Southern Kazakhstan.
The first wave of public listed China-based, China centric PV manufacturers reporting first half year financial results offers insight into the impact on companies after the Chinese Government capped utility-scale and distributed generation (DG) PV power plant projects at the end of May, 2018.
India’s Ministry of Power (MOP) has sent a letter to the Central Electricity Regulatory Commission (CERC) asking it to accelerate the pass-through option in the case of any ‘change in law’ that affects power project costs, including the safeguard duty on solar imports.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) reported a significant shift of its sales to outside China in the first half of 2018, accounting for 45.80% of total sales in the reporting period that also helped return the company to profitability.
