Integrated PV module manufacturer REC Solar has said that it would migrate all production at its manufacturing facility in Tuas, Singapore to its half-cut PERC cell technology, used for its ‘TwinPeak’ series modules.
Equipment manufacturer Foxconn has acquired a 66% stake in Sharp at a reduced price, with the two parties set to hold a press conference this Saturday, 2 April.
Shanghai HIUV New Materials Co has introduced a newly developed ‘pre-crosslinking’ EVA. The G401W EVA, part of a new G Series range is designed specifically for double glass PV modules with the aim of eliminating a series of issues encountered with conventional EVA materials in the lamination process.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar has officially started ramping its solar cell and module assembly plant in Rayong, Thailand, meeting every milestone on schedule, from groundbreaking to production, according to the company.
Integrated China-based monocrystalline PV producer, Solargiga Energy Holdings as expected from preliminary announcements, reported only a small increase in revenue for 2015, however the company returned to a small net profit, compared to a net loss in 2014.
Integrated PV manufacturer REC Solar is to invest a total of $200 million Singapore dollars (US$182.3 million) in expanding and upgrading production at its facilities in Singapore. The company also plans to invest a further US$50 million in R&D activities at the Solar Energy Research Institute of Singapore (SERIS), with emphasis on a type of PV module.
According to SolarWorld’s 186-page annual report for 2015, and a presentation by Dr. Holger Neuhaus, Managing Director, SolarWorld Innovations GmbH at the inaugural PV CellTech conference held in Malaysia last week, high-efficiency products will be the key focus of its expanded manufacturing capacity and technology migrations in 2016.
When Jan Marc Luchies from Tempress Systems (Amtech Systems) took to the stage last week – on the second day of the inaugural PVCellTech conference in Kuala Lumpur on 17 March 2016 – equipment supplier Amtech Systems capitalized on this platform with a press release to highlight a sharp uptick in new order intake for its PV operations over the past two months, taking the company’s solar bookings to approximately US$50 million since October 2015.
PV manufacturing capacity expansions planned this year are expected to push production levels beyond anticipated demand in 2016, creating further cost pressures for suppliers.
A solar auction in the Indian state of Rajasthan has seen the lowest bids so far in the Domestic Content Requirement (DCR) category, which requires project developers to source solar equipment from local manufacturers.