Oxfordshire-based multicrystalline wafer manufacturer PV Crystalox has settled its long-running, multi-million-euro contract dispute with a still unnamed customer.
Leading PV manufacturing equipment supplier Meyer Burger reported first half year financial results, highlighting strong sales and a return to profitability but weak order intake, due to Chinese government solar policy changes and market uncertainties influenced by USA-China trade conflict.
Recent moves in California to develop large-scale energy storage with four hours’ storage duration are just the beginning of a move towards using batteries as a capacity resource, the president of flow battery company CellCube has said.
Up to 500MW of solar is likely to be able to compete in Ireland’s first auction to bring forward new renewable electricity projects when it takes place in 2019, according to Solar Media market research analyst Lauren Cook.
Major PV inverter manufacturer Sungrow Power Supply Co is expecting the global floating solar (FPV) market to experience explosive growth in the next two to three years, in which it is targeting becoming the leading supplier of floating solar systems.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported higher than guided second quarter PV module shipments and reiterated total shipments guidance to be in the range of 11.5GW to 12GW in 2018.
China-based PV module manufacturer Jiangsu Seraphim Solar System Co said it was in trial production of a new fully-automated 300MW Joint Venture (JV) solar module assembly plant in Eastern Cape, South Africa.
Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Specialist PV manufacturing equipment supplier Amtech Systems is restructuring its solar cell manufacturing equipment business with job losses after China-based customers have pushed-out capacity expansion plans after government cuts were made to downstream solar installation targets as deployments far exceeded goals.