China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co expects net profit in 2018 to be in arrange of 22.65% to 41.9% lower than in the previous year.
China-based integrated polysilicon and merchant cell manufacturer Tongwei Group has guided net profit in 2018 to be flat to slightly up on the previous year, despite rapid solar cell capacity expansions.
The Photovoltaik-Institut Berlin (PI Berlin) has released a new study analysing over time its solar PV panel quality control audits that have topped 250 at more than 120 panel manufacturers worldwide to highlight the current status of ‘quality’, while dispelling long-held misconceptions of the type and location of manufacturers in the quality pecking order.
Major polysilicon producer Wacker Chemie has reported its polysilicon division was heavily impacted by the slump in demand due to China’s ‘531 New Deal’ as a reason for the sharp decline in revenue and profitability which declined significantly in 2018.
Major China-based PV module manufacturer Risen Energy has reported its latest JÄGER HP 72-cell sized module has achieved a record conversion efficiency of up to 21%, tested and certified by independent third-party institute TUV-SUD.
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.