Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
Major PV inverter manufacturer Sungrow Power Supply Co Ltd has reported strong first half-year financial results due to strong demand in China and key markets such as South East Asia.
Struggling US-headquartered solar PV encapsulant producer STR Holdings foray into recapturing market share by producing in China has come to an end with the closure of its manufacturing operations in the country.
PV and electronics equipment manufacturing and automation specialist Manz AG said it expected to generate revenue of at least €350 million in 2017, including significantly improved and positive EBIT as it starts execution of its large CIGS thin-film orders.
Leading solar PV inverter supplier Huawei said it had won the supply bid for Malaysia's first 50MW(AC) utility-scale PV plant project based on its ability to provide smart solutions to the projects challenging location and environmental conditions.
Delhi becomes the first ever green Metro, World Bank launches Pacific PV map, IBC Solar completes Turkey plant, PG&E funds multi-family solar programme, ACC and Huali complete rooftop project.
Solar PV mounting systems specialist and project developer Clenergy has reported over 200MW of mounting system sales in Australia in the first half of 2017.
China’s National Energy Administration (NEA) has released new guidance on solar installation targets as part of the current 13th Five-Year-Plan (2016-2020), after recent record first-half year install figures put doubt on whether the solar boom would continue as the original targets would be met two years ahead of expectations.
According to the Financial Times, Hanergy Holding Group plans to build a 300MW CIGS thin-film production plant in partnership with the local government Datong City and Datong Coal Mine Group as part of a wider initiative on developing a solar industry development cluster.
