‘Solar Module Super League’ (SMSL) member is to expand its monocrystalline silicon ingot capacity by 10,000MT at its subsidiary in Xingtai Economic Development Zone, Hebei province, China.
Private equity house Aurica Capital tells PV Tech why it chose trackers for its first ever solar deal and why the broader PV supply chain holds potential for an investor of its nature.
‘Solar Module Super League’ (SMSL) member, LONGi Solar has signed a framework agreement to buy Vietnam-based solar cell and module OEM (Original Equipment Manufacturer), Vina Solar for RMB 1.78 billion (US$253 million).
South Korean solar-grade polysilicon producer, Hanwha Solutions is to exit the business by the end of 2020, following OCI’s decision to shutter polysilicon plants in the country.
Plans for sizeable layoffs by 2022 will mostly affect administrative and non-operational staff in Germany, says poly player of new roadmap launched after €55m losses last year.
North American PV module manufacturer, Silfab Solar is investing around US$4 million to boost production at its assembly plant in Washington State that could lead to extra jobs.
With developers facing months of delivery delays for Chinese solar parts, India has said it will consider extending deadlines for PV projects scheduled to be switched on this summer, relieving developers from costly fines.
‘Solar Module Super League’ (SMSL) member, JA Solar is planning to expand high-efficiency solar cell capacity to 10GW at a recently announced 5GW new solar cell manufacturing plant in China, while also investing in major upgrades at an existing cell plant to provide a further 3.6GW of high-efficiency cell capacity.
There needs to be a comprehensive industrial strategy for the solar industry located in the EU as part of the pending release of the EU’s own ‘Green Deal’ strategy, according to German manufacturing trade group VDMA (Mechanical Engineering Industry Association) and solar trade association, SolarPower Europe.
Coronavirus-driven manufacturing delays and supply chain constraints in China are starting to impact both upstream PV manufacturers and downstream installers across other countries.