PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements for March, 2016 has revealed over 7.3GW of planned future expansions of solar cell and module production.
Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.
Azure Power Global has filed an amended F-1 form with the US Securities and Exchange Commission (SEC) for its impending US IPO, with plans to raise around US$100 million.
Atomic layer deposition (ALD) equipment specialist SoLayTec, a subsidiary of Amtech Systems has received a number of new tool orders from a range of customers planning p-type PERC, n-type IBC and bi-facial solar cell production in 2016.
Integrated PV module manufacturer REC Solar has said that it would migrate all production at its manufacturing facility in Tuas, Singapore to its half-cut PERC cell technology, used for its ‘TwinPeak’ series modules.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar has officially started ramping its solar cell and module assembly plant in Rayong, Thailand, meeting every milestone on schedule, from groundbreaking to production, according to the company.
Integrated PV manufacturer REC Solar is to invest a total of $200 million Singapore dollars (US$182.3 million) in expanding and upgrading production at its facilities in Singapore. The company also plans to invest a further US$50 million in R&D activities at the Solar Energy Research Institute of Singapore (SERIS), with emphasis on a type of PV module.
Singapore-based renewable energy developer and investor Equis has commissioned a 132.5MW solar project, which it claims is Southeast Asia’s largest PV plant, in Cadiz City, Negros Occidental, the Philippines.
One in three off-grid households worldwide will use solar products by 2020, according to a new report from the World Bank and Bloomberg New Energy Finance (BNEF).
