Swedish retail giant IKEA will open the doors to its first store in India on Thursday and it is in the commissioning phase of an 800kWp rooftop solar plant to go with it.
China-based polysilicon and wafer producer Daqo New Energy has guided wafer sales volume down 70%, year-on-year as the caps on utility-scale and Distributed Generation (DG) solar projects in China at the end of May start impacting quarterly business results for many companies dependent on the China solar market.
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.
France-based floating solar specialist Ciel & Terre has launched a new subsidiary in the Indian city of Bangalore, a new manufacturing line in Maharashtra, and is set to deliver floats to its first 5MW project in West Bengal.
India’s total PV demand in 2018 will reach just 8.5-9.6GW as a result of the imposition of a 25% safeguard duty on imports of cells and modules, according to EnergyTrend forecasting.
China-based PV energy provider (PVEP) Panda Green Energy Group said it expected to report a net loss for the first half of 2018 of around RMB 80 million (US$11.7 million).
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it would seek to de-list from NASDAQ, following two major SMSL members, Trina Solar and JA Solar to go private after years of experiencing lower valuations on the NYSE and NASDAQ stock markets, compared to smaller listed US rivals.
