What a start to the PV Taiwan 2017 week! There have been some rather tame mergers and acquisitions in the solar PV industry over the years - not to mention the shuffling of zombie factories within China – but the news today that Neo Solar Power, Gintech Energy Corp., and Solartech Energy are planning to merge is worthy of far more scrutiny.
PV manufacturer and EPC firm Jiangsu Zhongli Group Co., Ltd has recently secured a number of ‘Poverty Alleviation’ projects in China totalling around 606MW, bringing its total to almost 930MW.
Swiss-based solar simulator equipment supplier Alfartec has had its new generation of module tester, BlueSky MT240 certified by China’s 3rd party lab, NIM at a ‘Silicon Module Super League’ (SMSL) member at a c-Si module manufacturing plant in China.
As expected, three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy have officially announced plans to merge and exit the ‘foundry’ business model they were founded on.
Three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and SolarTech Energy have separately announced the suspension of trading of their stocks on the Taiwan Stock Exchange beginning on October 16.
India’s new power minister R.K. Singh has said that India’s power needs will double in the next 6-7 years, while India is committed to reaching 40% renewables in its energy mix by 2030.
US-headquartered high-efficiency PV cell and module producer SunPower Corp has surpassed 500MW of solar module orders through several rounds of government tenders in France.
J.v.G. Thoma GmbH has introduced a new tabber stringer to its product portfolio, which includes its ‘Endless String Technology’ to work at a speed that is claimed to be twice as fast as other stringers on the market.
Taiwan-based materials suppliers are benefiting from increased demand for diamond wire cut wafers for higher efficiency solar cells that is supporting higher prices in recent months.
Although profitability for many remains elusive sales have rebounded in September.
