Wuxi Suntech the PV module manufacturing arm of renewable energy group, Shunfeng International Clean Energy (SFCE) said it had voluntarily withdrawn from the European Union’s ‘Price Undertaking Agreement’ better known as the MIP (Minimum Import Price).
Specialist PV manufacturing equipment supplier Singulus Technologies said it had issued new shares valued at around €8 million to provide liquidity for supplying CIGS thin-film production equipment orders and the development of heterojunction (HJ) solar cell processing tools after securing an (MOU) with Golden Concord Holdings, majority share holder in GCL-Poly and GCL System.
Anti-minimum import price sentiment has continued to swell this week as more than 400 companies called on the European Commission to put an end to trade duties on solar modules and cells.
PV manufacturer Astronergy Solarmodule GmbH, a subsidiary of China-based producer, Astronergy and part of Chint Group said it would start production of modules using the latest generation of PERC (Passivated Emitter Rear Contact) cells with monocrystalline wafers to produce high-efficiency ‘all black’ modules in the 295 to 310 Watt peak (Wp) power classes.
Conergy Services GmbH, a European provider of Operation & Maintenance (O&M) solutions, has selected QOS Energy’s software to oversee clients’ PV portfolio of 500MW in Europe.
PV inverter manufacturer KACO new energy has said it has signed a 50MW supply deal with the Turkish project developer, Aldo Grup for planned projects through the end of 2017.
Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
Integrated PV module manufacturer REC Group said total module shipments in the second quarter of 2016 reached 326MW, bringing first half year shipments to 640MW and a 4% quarter-on-quarter increase.