China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co expects net profit in 2018 to be in arrange of 22.65% to 41.9% lower than in the previous year.
China-based integrated polysilicon and merchant cell manufacturer Tongwei Group has guided net profit in 2018 to be flat to slightly up on the previous year, despite rapid solar cell capacity expansions.
India's Directorate General of Trade Remedies (DGTR) has recommended an anti-dumping duty of $US114.58/MT for a period of five years on imports of solar glass from Malaysia.
Member States of the European Union, through the Committee of Permanent Representatives (COREPER I), have voted to maintain priority dispatch for small-scale solar PV installations up to 400kW.
Major polysilicon producer Wacker Chemie has reported its polysilicon division was heavily impacted by the slump in demand due to China’s ‘531 New Deal’ as a reason for the sharp decline in revenue and profitability which declined significantly in 2018.
Indian state-run utility NTPC has issued a tender for 15MW of floating solar at its hydroelectric power station Koldam in the mountainous, northern state of Himachal Preadesh.
According to provisional data from BloombergNEF (BNEF), global solar PV installations reached 109GW in 2018 as the cost of installing a megawatt of photovoltaic capacity fell 12%, which spurred markets outside China to increase installations.
