‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported a 30.5% decline in third quarter 2016 revenue, primarily due to a major slowdown in downstream PV project construction in China since the end of June and average selling price decline as overcapacity took hold in the quarter.
As we finalize the agenda for PVCellTech 2017 – to be held in Penang, Malaysia, on 14-15 March 2017 – one of the key goals is to understand how solar cell advances in mass production are driving module availability to the market.
Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials has reported a 54.8% decline in third quarter 2016 revenue as the impact of a major demand slump in China after June’s feed-in tariff changes seriously curtailed PV power plant construction in China.
Japanese electronics firm Kyocera Corporation reported continued pressure on its solar sector sales as solar panel price erosion and weaker demand continued to impact financials of its Applied Ceramic Products Group Sales.
Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.
Yesterday, the New York Department of Public Services commissioned a report that will aim to find the value of rooftop solar and other distributed energy resources.
In this week’s Movers & Shakers segment, PV Tech reports on JinkoSolar bringing solar PV front and centre at Europe’s B20 Energy, Climate & Resource Efficiency Taskforce, former SEIA chief Rhone Resch’s new industry venture, and utility-scale wind and solar projects in south Australia. Also this week, PV Tech partners with the Global Energy Talent Index - complete the survey for a chance to win!
Solar power solutions provider Sunworks announced Thursday that it has appointed former Solar Energy Industries Association (SEIA) president and CEO Rhone Resch as an independent director.