Trina Solar’s European solar cell plant to be sold in online tender sale
‘Silicon Module Super League’ (SMSL) member Trina Solar is selling its Netherlands-based solar cell manufacturing plant through an online tender sale by Troostwijk Auctions.
‘Silicon Module Super League’ (SMSL) member Trina Solar is selling its Netherlands-based solar cell manufacturing plant through an online tender sale by Troostwijk Auctions.
Starting with a 250MW first phase factory by July next year, the director of Pakistan-based conglomerate ACT Group has said it should be able to sell PV modules to the customer's doorstep at equal to or cheaper than Chinese import prices.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has rejected the proposal by its founder, Chairman, President and Chief Executive Officer, Dr. Shawn Qu to take the company private and delist from NASDAQ.
Leading monocrystalline wafer producer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology increased revenue by 35.26% in the first nine months of 2018, yet third quarter revenue and profits were significantly lower than the previous quarter, due to ASP declines across wafers and modules.
US-headquartered high-efficiency PV module producer SunPower Corp is expecting to sell further assets and increase its loans in 2019 to avert bankruptcy due to looming liquidity issues as the company expects to remain loss making next year, while current net losses in the first nine months of 2018 have reached US$745.3 million.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has announced that its new Xinjiang polysilicon production plant’s annual nameplate capacity will be increased to 60,000MT, up from the revised plans mid-year to increase the capacity from 40,000MT to 50,000MT.
Major polysilicon producer Wacker Chemie has reported a significant decline in the fortunes of its polysilicon business segment in the third quarter of 2018.
Polysilicon producer REC Silicon has been forced to sell solar grade (FBR) polysilicon below cash cost, due to weak demand and ASP declines, driven by demand curtailment in China and continued polysilicon capacity expansions.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology Co (GCL-SI) is planning to sell up to RMB 1.0 billion (US$144 million) of sales invoices to a third party at a discount to improve its cash flow position.
The Chinese government’s decision (531 New Deal) to curtail utility-scale and distributed generation (DG) PV deployments just after the SNEC trade show at the end of May, not only surprised the industry but has since fuelled a significant ASP decline of modules and inverters.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has as expected confirmed it would de-list from NASDAQ as part of its planned acquisition by Hanwha Solar Holdings Co, a subsidiary of Hanwha Chemical Corporation.
Leading PV manufacturing equipment supplier Meyer Burger has announced a new restructuring program, which is intended to bring its breakeven level to around CHF 250 million per annum.
China-based polysilicon producer Daqo New Energy Corp said that its polysilicon production costs were targeted to reach US$6.80 per kilogram in 2020, once the capacity expansion to 70,000MT per annum had been completed.
‘Silicon Module Super League’ (SMSL) member LONGi Solar, a subsidiary of leading monocrystalline wafer producer LONGi Green Energy Technology Co has renewed its R&D partnership with the University of New South Wales (UNSW), a world renowned university involved in photovoltaic research.
US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
