According to provisional data from BloombergNEF (BNEF), global solar PV installations reached 109GW in 2018 as the cost of installing a megawatt of photovoltaic capacity fell 12%, which spurred markets outside China to increase installations.
Silicon wafer furnace to downstream PV power plant owner, Beijing Jingyuntong Technology Co (JYT) has reported its PV power plant capacity in 2018 totalled 1,239.11MW, an 18% increase over the previous year.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has said it has shipped a total of 2.6GW of PV modules with its anti-LeTID (Light and elevated Temperature Induced Degradation) PERC (Passivated Emitter Rear Cell) technology to date.
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co is planning to expand production through its key stakeholders Lin Jianwei and Zhang Yuzheng selling between 5%-10% of their shares in the company to Huajun Industrial, part of the Haujun Group.
China-based PV module manufacturer Hareon Solar Technology Co has reported that its main manufacturing subsidiary, Jiangyin Xinhui Solar Energy Co has been forced into bankruptcy liquidation, due to bad debts in the People's Court of Jiangyin City, Jiangsu Province.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has reported a consolidated loss attributable to owners of the company’s shares of approximately RMB 534 million (US$77.8 million) for the first 10-months of 2018.
Sweden-based flexible CIGS thin-film solar cell equipment supplier Midsummer has recently said it had secured a U$7 million order from US start-up, Sunflare, which has developed a new solar roof tile system that was displayed at SPI 2018.