India may be falling short of its aspirational renewable energy targets, but strong installation progress and rates of growth, particularly in solar, are buoying the sector.
PV Tech can reveal the preliminary Top 5 solar module manufacturers in 2016, based as usual on final shipment guidance from third quarter financial results.
‘Silicon Module Super League’ (SMSL) member Trina Solar has significantly missed its third quarter 2016 PV module shipment guidance range that makes meeting previous full-year shipment projections almost unattainable.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said that previously upwardly revised shipment guidance would be retained for the full-year after reporting a 10.9% increase in revenue for the third quarter of 2016.
Specialist PV manufacturing equipment supplier Amtech Systems reported Solar segment sales of US$22.6 million in its fiscal fourth quarter of 2016, resulting in full-year preliminary Solar segment sales of US$60.9 million, up from US$51.8 million in 2015.
‘Silicon Module Super League’ (SMSL) member JA Solar reported lower third quarter total shipments as the slowdown in the domestic China market hit. As a result full year shipment guidance was also lowered.
Leading thin-film producer First Solar has decided to skip the previously planned migration to its Series 5 module platform, while bringing plans forward to migrate to its large-area Series 6 module technology to 2018.
Leading polysilicon and wafer producer GCL-Poly reported a 15% cut in production of polysilicon in the third quarter of 2016, compared to the prior year period, due to weak China end-market demand.
