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.
The US National Renewable Energy Laboratory (NREL) has evaluated the potential for floating solar (FPV) across the US in a new study, notably highlighting its benefits on water reservoirs in arid regions as well as alongside hydroelectric facilities.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has agreed to take full control of Huajun International Group’s PV manufacturing operations (Huajun Power Technology (Jiangsu) Co), as part of a cooperation framework agreement that would last for three years.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar is expecting to lower its capital expenditure (capex) in 2019 after almost tripling in-house capacity (ingot/wafer, cell and module), since 2015.