Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has reported a significant increase in nameplate wafer capacity in 2017, going from 18.5GW in 2016 to 30GW at the end of 2017, a 62.2% rise.
PV project operator China Smarter Energy has signed off on a deal to acquire Ningxia Guxin Electricity, a joint venture between Shanghai Guxin Asset Management and Shandong Runfeng Group.
According to European trade association SolarPower Europe, preliminary global solar installations reached 98.9GW in 2017, a 29.3% increase over the previous year and another new record.
‘Silicon Module Super League’ (SMSL) member JA Solar is getting closer to de-listing from NASDAQ and going private after over 90% of the ordinary shares held had voted to agree a merger with its Cayman Islands registered parent company, owned primarily by JA Solar’s founder, chairman and CEO, Baofang Jin.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings said it would expand module assembly capacity by 1GW at its existing manufacturing facilities at a cost of RMB160 million (US$25.2 million).
Major PV module materials and N-type mono IBC (Interdigitated Back Contact) bifacial module manufacturer Jolywood has reported preliminary unaudited 2017 financial results, posting an increase in revenue of 133.68%.
China-based polysilicon producer Daqo New Energy has announced plans for expanding production by at least 12,000MT in less than 18-months that will be dedicated to supplying high-efficiency monocrystalline wafers producers, due to continued strong demand.
EDF Energies Nouvelles and Asia Clean Capital (ACC) have announced a joint venture to build and operate a pipeline of distributed rooftop solar projects in China.
Specialist PV manufacturing equipment supplier Amtech Systems has continued to benefit from a major solar orders placed with the company in 2017 that are continuing conversion to revenue in its fiscal first quarter of 2018.
