This article reveals the most important PV manufacturers and suppliers to the solar industry in 2016. The new analysis and methodology explains exactly which companies are currently controlling, shaping and influencing all metrics related to upstream manufacturing trends and final end-market module shipments.
By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
BayWa r.e.is set to offer a new finance product for its US-based solar distribution customers, in which consumer financing from Spruce Finance will provide contractors and homeowners with a simple and affordable PV loan process.
Embattled renewables firm SunEdison has disclosed that it has received a subpoena from the U.S. Department of Justice (DOJ) regarding the failed acquisition of Vivint Solar and related actions associated with its two yieldco subsidiaries.
Monocrystalline wafer producer Comtec Solar Systems Group said it expected to report a loss of over RMB400 million (US$62 million) for 2015, due to a series of write-downs, advance polysilicon payments and declining wafer ASPs.
State Grid Corporation of China, Korea’s main utility, one of Japan’s biggest renewables developers and Russia’s grid operator have formally indicated their interest in building a massive interconnected grid across Asia.
Major PV inverter manufacturer SMA Solar Technology continues to lose market share by shipments, according to the latest research report from GTM Research.
PV and electronics equipment manufacturing and automation specialist Manz AG has decided to keep its turnkey CIGS thin-film technology after almost a year of undertaking a strategic review, due to lack of orders.
