‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger than expected third quarter financial results while revenue of US$1.77 billion to US$1.81 billion for the final quarter of the year.
At the inaugural PV ModuleTech 2017 in Kuala Lumpur, it became clear that PERC module technology is fast becoming the industry standard and bifacial modules are no longer seen as a niche product, however, both technologies were scrutinised from the perspective of bankability and quality assurance studies throughout the event.
PV inverter manufacturer SolarEdge Technologies has reported a record third quarter of 2017 as it gains market share across a growing geographical footprint.
Leading PV microinverter supplier Enphase Energy reported only marginal improvements in sales and shipments in the third quarter, compared to a strong rebound seen in the previous quarter.
Taiwan-based multicrystalline wafer producer Green Energy Technology (GET) is targeting solar module sales in emerging markets to boost revenue and return to profitability.
US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.
South Korea’s Ministry of Trade, Industry and Energy has said it would consider filing a complaint with the World Trade Organization (WTO) if the US brings in solar import restrictions, according to Reuters.
Netherlands-based pension fund Stichting Pensioenfonds ABP has agreed to invest over US$384 million in three PV projects in the US, with the trio of installations representing a combined generation capacity of 858MW.
