PV is increasingly becoming the cheapest energy source and therefore has become the energy source with the highest yearly capacity additions! Even in 2018, after some scepticism right after SNEC 2018, due to the announcement of the Chinese Government to stop supporting PV as intensively as in 2017, more than 100GW (109GW) have been installed worldwide (we actually bet a crate of beer on that!) and 125GW has been forecasted to be installed in 2019.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology has announced plans to build a new 1GW monocrystalline solar cell manufacturing plant in Kuching, Malaysia.
Indian investigator recommends EVA sheet anti-dumping duties, ReNew Power secures up to $$350 Million financing from OPIC, Sungrow hits 3GW of shipments in India, MNRE approves funding for clean energy R&D, Tata Power Solar launches residential rooftop solution at Guwahati, Assam.
‘Solar Module Super League’ (SMSL) member GCL System Integration Technology (GCL-SI) has reported preliminary ‘express’ financial results for 2018, noting a return to a small profit, despite ASP declines impacting total revenue.
PV wet chemical processing equipment supplier RENA Technologies has been acquired by private equity firm, Equistone Partners Europe for an undisclosed sum.
Fraunhofer ISE spin-off, NexWafe has secured a new round of funding from Wermuth Asset Management, which will be used for commissioning a pilot line in Freiburg, Germany to produce ‘EpiWafer’ substrates for verification and qualification for potential solar manufacturing customers.
