Indonesia’s first ever feed-in tariff (FiT) for solar PV projects should generate attractive project returns in Java-Bali and Sumatra, according to a Bloomberg New Energy Finance (BNEF) research note.
Leading PV manufacturing equipment supplier Meyer Burger Technology has reported strengthening sales, orders and backlog in the first half of 2016, driven by planned capacity expansions from major PV manufacturers across wafer, cell and modules, primarily in Asia.
Integrated PV manufacturer SolarWorld has started using two module assembly subcontractors to boost capacity to meet demand in the US and Europe, according to the company’s first half 2016 financial report.
Taiwan-based solar cell and wafer producers are being impacted by slowing demand from China and unfolding overcapacity that has resulted in ASP declines hitting monthly revenue figures since June.
Specialist PV manufacturing equipment supplier Amtech Systems backed-up previous quarters order bookings with solar equipment sales in its third fiscal quarter of 2016, reaching US$19 million.
Leading CdTe thin-film producer First Solar is undergoing a mid-year restructuring that includes cost cutting activities that should generate a US$2 billion balance sheet cushion against changing solar business dynamics and a looming revenue and shipment hole facing the company in 2017.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in June, clearly demonstrate a significant slowdown in recent months.
Leading CdTe thin-film manufacturer First Solar is discontinuing development and production of its hybrid heterojunction silicon cell and module technology, acquired via the acquisition of start-up TetraSun.
Solar PV installations are expected to surpass 60GW worldwide in 2016, up from the 50.6GW deployed last year, according to the latest figures from SolarPower Europe.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in April, 2016, revealed nearly 9GW of planned future expansions of thin-film modules, solar cells and module assembly production, up from over 7.3GW in the previous month and the third consecutive monthly increase.
