‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger third quarter financial results than expected and increased full-year shipment and capacity expansion guidance, while guiding fourth quarter revenue in the record range of US$1.77 billion to US$1.81 billion.
At the inaugural PV ModuleTech 2017 in Kuala Lumpur, it became clear that PERC module technology is fast becoming the industry standard and bifacial modules are no longer seen as a niche product, however, both technologies were scrutinised from the perspective of bankability and quality assurance studies throughout the event.
China-based integrated and merchant PV manufacturer Tongwei Group is starting capacity expansion plans at its subsidiary Tongwei Solar (Hefei) Co at two locations in China at a cost of US$1.8 billion over the next three to five years.
‘Silicon Module Super League’ (SMSL) member and the largest integrated monocrystalline manufacturer LONGi Green Energy Technology revealed its key strategic goals for 2019 at the inaugural PV ModuleTech conference being held in Kuala Lumpur, Malaysia.
PV module manufacturers hoping to get new technologies taken up by the market quickly and at scale need to generate as much information as possible from testing houses and certification bodies for the finance community to consider their product, according to a representative of one of the world’s largest solar developers.
Taiwan-based multicrystalline wafer producer Green Energy Technology (GET) is targeting solar module sales in emerging markets to boost revenue and return to profitability.
The PV ModuleTech 2017 meeting starts tomorrow (7 November 2017) in Kuala Lumpur, Malaysia, showcasing the key module issues that will guide site design and construction for large-scale solar sites in the next 12-18 months.
Leading PV manufacturing equipment supplier Meyer Burger is undertaking another round of cost cutting, product rationalisation and manufacturing restructuring to improve profitability.
Specialist semiconductor and PV equipment supplier Intevac has reported delays in supplying a 12 unit order for its ‘ENERGi’ solar ion implant tool to a customer in China planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules.
Polysilicon producer REC Silicon ASA benefited from higher sales volumes and ASP increases to report a 23% increase in revenue in the third quarter of 2017.