Japanese electronics firm Panasonic is reported to be suspending production at its Nishikinohama ‘HIT’ solar cell and module assembly plant due to weak domestic consumer demand in Japan.
Taiwan-based merchant solar cell producer Motech Industries has reported January, 2016 sales reaching a new record high, the fifth consecutive month of record sales.
Steel giant ArcelorMittal plans to build a 500-600MW solar plant in the Indian state of Karnataka after it backed out from plans to build a six million tonnes per annum steel mill.
Specialist PV manufacturing equipment supplier Amtech Systems reported strong order intake in the fourth quarter of 2015 with new order flow continuing into January, 2016 as China-based PV manufacturers expand production at facilities in South East Asia.
Taiwan-based solar wafer producer Green Energy Technology (GET) reported a significant leap in sales for the month of January on the back of higher prices due to industry supply constraints.
Struggling Japanese electronics giant, Sharp Corporation reported continued weakness in its Energy Solutions business unit that includes its solar segment with revenue down 42.2% in the first nine months of its financial year, compared to its previous year results.
SolarEdge has again reported record quarterly revenues, bringing in US$125 million in the fiscal second quarter and guiding third quarter revenues to a similar level.
The Terrawatt Initiative is partnering with an Indian business association as part of its efforts to create to create a global common market for solar power.
