‘Solar Module Super League’ (SMSL) member, LONGi Solar has signed a framework agreement to buy Vietnam-based solar cell and module OEM (Original Equipment Manufacturer), Vina Solar for RMB 1.78 billion (US$253 million).
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
Carrie Xiao speaks exclusively to Trina Solar vice general manager and executive vice president Yin Rongfang on the company’s continued R&D, the roadmap for its new 210 module and why he feels modules remain “grossly undervalued” in the solar supply chain.
‘Solar Module Super League’ (SMSL) member First Solar has forecasted net sales for 2020 to be in the range of US$2.7 billion to US$2.9 billion, compared to reporting 2019 sales of US$3,063 billion.
North American PV module manufacturer, Silfab Solar is investing around US$4 million to boost production at its assembly plant in Washington State that could lead to extra jobs.
Microinverter supplier Enphase Energy reported yet another jump in both shipments and revenue in Q4, with recent supply deals in the US and Europe expected to grow sales even further.
With developers facing months of delivery delays for Chinese solar parts, India has said it will consider extending deadlines for PV projects scheduled to be switched on this summer, relieving developers from costly fines.
Exemption on customs duty for cells and modules in India widely expected to be lifted later in the year but there are still legal barriers to overcome, says Bridge to India.
