‘Solar Module Super League’ (SMSL) member Trina Solar reported an 18.66% increase in revenue for the first nine months of 2020 compared to the prior year period, setting the company on a path to exceed 2019 financial results in the fourth quarter after several years of annual revenue declines.
Major polysilicon and merchant solar cell producer Tongwei has resumed production at its 20,000MT polysilicon plant in Leshan City, Sichuan province after damage, due to severe flooding in the region forced the plant to close in mid-August, contributing to a spike in polysilicon prices at the time.
Total solar installations are to hit 115GWdc this year as the sector continues to record a robust recovery from the COVID-19 pandemic, analysis by Wood Mackenzie claims.
Record Q3 revenue has helped major merchant solar cell producer Aiko Solar report nine-month revenue growth of 49.45%, compared to the prior year period, exceeding the company's full-year 2019 revenue figure.
Major polysilicon producer Daqo New Energy has been forced to revise down guided polysilicon sales volumes in the third quarter of 2020, due to customers postponing purchasing orders as market prices hit US$12.5/kg.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
Italian headquartered FuturaSun has officially opened its second PV module assembly plant with a capacity of 500MW in collaboration with manufacturing partner, State Power Investment Corporation Limited (SPIC) in Taizhou, China.
China-based PV power plant developer and PV manufacturer CECEP Solar Energy Co is planning a major move into the rapidly developing merchant high-efficiency PERC large-area solar cell market with the construction of a 20GW hub in the Gaoyou Economic Development Zone, Gaoyou City, Jiangsu province.
'Solar Module Super League' (SMSL) member Trina Solar has announced further module assembly capacity expansion plans that support a new target of achieving no less than 50GW of total module assembly nameplate capacity by the end of 2021.
