Huasun Energy has announced that it has been successful in a bid for Section II of China Huaneng Group’s PV module procurement tender, involving the supply of 500MW of its HJT products, its second selection by China Huaneng, following on from a successful bid in March.
US solar tracker manufacturer Array Technologies has posted US$231 million in revenues and adjusted EBITDA of US$46.7 million in its Q3 2024 financial results.
The results continue the downward trend in polysilicon manufacturers’ fortunes as the market faces oversupply, cutthroat competition and prices below the cost of production.