According to China’s National Renewable Energy Center (NREC), PV installations in the first quarter of 2019, declined by 46%, year-on-year to only 5.2GW.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology is planning to invest around US$875.7 million in expanding its Czochralski-based monocrystalline silicon (mono-Si) ingot and wafer capacity by 15GW, while expanding mono-Si solar cell capacity by an initial 3GW in 2020.
Major China-based polysilicon producer and PV project developer, Xinte Energy Co has issued a profit warning for the first quarter of 2019, due to further polysilicon price declines. Xinte is a subsidiary of TBEA Co.
Fitch: Solid state support will help capacity soar from last year’s 26GW to 105.9GW in 2028, as impact of tariff and tax measures dilute in a few years.
Fully integrated PV module manufacturer REC Group is launching a next-generation high-performance module at Intersolar Europe next month, which will have a power rating of 380Wp in a 60-cell format.
Ecoprogetti has launched its new ‘Extended Spectrum, LED Sun Simulator Ed.3’ for PV panels, driving down production costs and providing key advantages to assembly lines and laboratories.