Leading polysilicon and multicrystalline solar wafer producer, GCL-Poly Energy Holdings has reported a loss of RMB 1,011.4 million (US$150.7 million) for its ‘Solar Material Business’ unit in 2018, citing the demand impact from the China 531 New Deal that led to overcapacity and rapidly falling selling prices.
Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar said a strong recovery in global solar demand was expected to lead to a 30% increase in its PV module shipments in 2019. As a result, the SMSL would ramp module capacity to 15GW.
Chinese state-owned developer CECEP has completed a 70MW floating solar project in a former coal-mining area of Anhui, China, in collaboration with French floating solar specialist Ciel & Terre.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) expects to report a loss in 2018 of approximately US$254 million, due to PV product ASP declines and impairment charges to its manufacturing operations.
New Solar Module Super League (SMSL) member, Risen Energy has joined the National Enterprise Technology Center list of companies, qualified by the China National Development and Reform Commission, Ministry of Science and Technology, Ministry of Finance.
‘Solar Module Super League’ (SMSL) member LONGi Solar, a subsidiary of the world’s largest monocrystalline wafer producer, LONGi Green Energy will shortly have exceeded 13GW of module assembly production after a new 5GW plant ramps to full capacity in 2019.
Huawei has defended the security of its solar inverters in the wake of calls from a group of US senators for them to be removed from use in the States.
