China and India have surpassed the United States as the most attractive countries for investment in renewable energy projects following a marked shift in policy by President Trump, according to global consultancy EY.
Taiwan-based cell and module producer Neo Solar Power (NSP) is not expecting a recovery in sales until fourth quarter of 2017, due to a series of market forces impacting its business.
US-headquartered high-efficiency PV module producer SunPower reported a first quarter 2017 net GAAP loss of US$134.5 million, while guiding further losses of between $110 million to $135 million for the second quarter of the year as the company transitions its business model.
PV and electronics equipment manufacturing and automation specialist Manz AG has received €50 million from Chinese JV partners Shanghai Electric Group and Shenhua Group for turnkey CIGS thin-film production lines with a further €79 million also expected in May to start work on its largest ever equipment order.
China added 7.21GW of solar PV in the first quarter of the year, roughly 70MW compared to the same quarter last year, according to figures from China’s National Energy Administration (NEA).
The complaint filed by Suniva is not a revival or renewal of the longstanding anti-dumping and anti-subsidy cases, however, it’s something different all-together. For want of a better phrase, it’s the nuclear option, and ultimately, President Trump has his finger on this red button too.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
High-efficiency PV module manufacturer Jinneng Clean Energy Technology (Jinergy) said it would be starting mass production of its N-type monocrystalline bifacial heterojunction (HJ) modules, which were showcased at its Technology Developer Forum ahead of SNEC 2017 in Shanghai, China.
GCL System Integration Technology (GCL-SI), leading global solar cell manufacturer and developer has obtained IEC certification from technical service provider TÜV Rheinland for its GCL-P6/72 Multi-Busbar (MBB) module.