Monocrystalline wafer producer Comtec Solar Systems Group has reported first half 2016 financial results that were impacted by a decline in average selling prices (ASP) and lower volume shipments, due to production upgrades and training at its facility in Malaysia.
Solar Energy Corporation of India (SECI) has awarded 40MW of solar PV capacity to Renew Solar Power and 25MW to Mahindra Renewables in the state of Gujarat under open category.
Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) document for the tendering of 200MW of grid-connected solar PV to be deployed alongside utility-scale battery storage in the state of Karnataka.
Despite most international and domestic module suppliers increasing their sales volumes in India over the last year, Chinese firms have significantly increased their share of the market from 50% to 75%, according to the latest update from consultancy firm Bridge to India.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holding has placed a bid of US$150 million for the polysilicon assets of bankrupt renewable energy firm SunEdison via the US bankruptcy court dealing with the Chapter 11 proceedings.
China-based PV Manufacturer GCL System Integration Technology (GCLS) and downstream PV energy provider sister company, GCL New Energy (GCLNE) have both released strong financial results for the first half of 2016.
meteocontrol, a subsidiary of Shunfeng International Clean Energy (SFCE), is supplying a monitoring system for an 18MW solar park by developed by Advantec in Japan.
Leading polysilicon and multicrystalline wafer producer GCL-Poly Energy Holdings has reported first half 2016 financial results that as expected benefited from the downstream boom in China that kept both polysilicon and wafer prices high.
Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.