After signing off on a financing partnership with the Green Climate Fund (GCF), XacBank has become the first private bank in Mongolia to fund the completion of a large-scale PV project.
China-based polysilicon producer Xinte Energy Co, a subsidiary of TBEA has secured a major supply deal with wafer producer Wuhai Jingyuntong New Materials Technology Co, a subsidiary of Beijing Jingyuntong Technology Co (JYT).
PV project developer Sky Solar Holdings has terminated the employment of its chief financial officer (CFO), Sanjay Shrestha with immediate effect, without further details.
‘Silicon Module Super League (SMSL) leader JinkoSolar has achieved a record conversion efficiency of 24.2% for a large-area N-type TOPCon (Tunnel Oxide Passivated Contact) solar cell, verified by the Photovoltaic and Wind Power Systems Quality Test Center at the Chinese Academy of Sciences (CAS).
The government of Kazakhstan’s northern region of Karaganda has announced the completion and operation of a 100MW PV project in Saran, which the government claims is the largest PV installation of its kind in Central Asia.
Major PV inverter manufacturer SMA Solar Technology has reported preliminary 2018 financial figures that only met the low-point of revised guidance issued in November, 2018.
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.
