This week's Movers & Shakers segment features executive shuffles in energy storage companies and an O&M firm, while examining a new merger between Spain's Gamesa and Siemens Wind Power. Spain's Renewable Energy Association elects a new president for the next four years, and Jon Wellinghoff exits SolarCity amid the US$2 billion Tesla acquisition.
PV Tech’s preliminary analysis of global solar PV manufacturing capacity expansion announcements in the first quarter of 2017, show a strong rebound compared to the significantly subdued environment experienced in the second half of 2016.
After several months of lacklustre sales from many key PV manufacturers in Taiwan, indicating an expected boom in China’s downstream PV market had yet to gain momentum, March sales data indicates improving market demand, yet not at the levels seen in the prior year quarter.
German PV systems integrator Phoenix Solar has reported a return to operating profit for the first time since 2010, with earnings before interest and taxes (EBIT) at €0.6 million (US$0.64 million), up from losses of €1.6 million last year.
Leading fully-integrated high-efficiency monocrystalline module manufacturer LONGi Green Energy Technology recently reported record total shipments and revenue for 2016, making it the fastest growing PV manufacturer in the industry.
This week's Movers & Shakers segment sees big waves in Europe with a new president for SolarPower Europe and Lightsource hiring a new strategy officer in its move to evolve from a pure solar company to a global energy leader. There's resignations in some of Asia's biggest module manufacturers including Trina Solar and Yingli Green, and the Coalition for Community Solar Access celebrates its first anniversary and talks to PV Tech on how to keep the community solar boom going.
US-headquartered high-efficiency PV module producer SunPower has officially signed a new joint venture partnership in China to produce both solar cells and modules for its P-Series technology.
India’s solar manufacturers have said that roughly 2.25GW of module manufacturing capacity that was previously reported as functional is either obsolete or too old to be counted as operational, according to consultancy firm Mercom Capital Group.
High-efficiency PV module producer and project developer SunPower has reached a production average cell conversion efficiency of 25% at its Fab 4 facility in the Philippines, the highest in the industry.
According to polysilicon market specialist, Bernreuter Research recent polysilicon import levels into China surged between October and November 2016, while ASP’s also recovered, a trend seen the year before and ahead of China installing a record 22GW of solar in the first half of 2016.
