China-based PV manufacturer and project developer Hareon Solar Technology said in a financial filing that it expected to report a small profit in 2015, avoiding delisting from the Shanghai Stock Exchange (SSE) in the process after stemmed three years of consecutive losses.
Asia-based polysilicon producer Tokuyama Corp said it would take a one-time impairment charge of ¥123.4 billion (US$1.02 billion) on its two polysilicon plants in Malaysia as ASPs were lower than expected and not inline with previous business guidance.
‘Silicon Module Super League’ (SMSL) member JA Solar says its portfolio of PV modules have passed the 96-hour potential-induced degradation (PID) resistance test under the conditions of 85-degrees Celsius and 85% relative humidity at -1,000V of system voltage bias as required to meet the IEC62804 standard.
PV module manufacturer China Sunergy (CSUN) reported a strong recovery in total shipments and revenue for the third quarter of 2015, driven by strong module demand in China.
The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
In addition to launching a residential energy management and PV self-consumption package for the home compatible with Tesla’s Powerwall, power optimiser specialist SolarEdge launched a lightweight inverter late last year utilising the Israel-headquartered firm’s new HD Wave technology.
PV module lamination equipment specialist Bürkle has secured an order from India-based PV module manufacturer and project developer, Emmvee Photovoltaic Power for two of its high-volume multi-opening Ypsator 2022-6 SL laminators.
Wells Fargo and 8point3 Energy Partners — the yieldco company formed by SunPower and First Solar — has announced that a joint venture between the two companies has acquired 22MW of SunPower PV systems under constitution at 27 Kern High School District locations in Kern Country, California.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a new 500MW automated turnkey module line order from Xinneng Solar.
