A wave of PV manufacturers listed on China stock markets have reported full-year net profit guidance for 2019 that indicates significant profit gains over the previous year.
Owners of PV firm could spend decades in prison after still-ongoing criminal case found investors including Warren Buffett’s Berkshire were ‘duped’ of US$1bn to fund ‘lavish’ lifestyle.
‘Solar Module Super League’ (SMSL) member, Trina Solar has started producing PV modules using the largest wafer size (210mm x 210mm) technically possible today with multiple other features to provide 500W-plus modules.
China-based integrated PV manufacturer, EGing Photovoltaic is planning major manufacturing upgrades and production relocation to return to competitiveness after guiding a full-year 2019 net profit loss.
Leading monocrystalline wafer producer, LONGi Green Energy has signed a new wafer supply agreement with major merchant solar cell producer, Tongwei Solar valued at approximately US$1.88 billion, over a three-year period.
The first steps have been taken in ending the trade war between the US and China now that the ‘Phase 1 Trade Agreement’ has been signed. A surprise inclusion for the PV and semiconductor industries has been China’s agreement to reopen the trade doors for US-made solar-grade polysilicon.
‘Solar Module Super League’ (SMSL) member, LONGi Solar has reported a new record P-type monocrystalline PERC (Passivated Emitter Rear Cell) PV module conversion efficiency of 22.38%, culminating in an overall efficiency gain of almost 2% in the last two years.
‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) is set to invest in expanding capacity dedicated to shingling wafer/cell/module technology for larger wafer sizes by 2.5GW.
PV might have only seen 30.22GW added throughout 2019 but ‘year-end rally’ hinted at by latest NEA figures may indicate market will rebound more than expected in 2020, analysts say.
Leading monocrystalline wafer producer, LONGi Green Energy Technology has guided a surge in net profits expected for 2019, due to increased manufacturing scale lowering production costs and with significant growth in overseas market demand for its PV module subsidiary, LONGi Solar.
