PV might have only seen 30.22GW added throughout 2019 but ‘year-end rally’ hinted at by latest NEA figures may indicate market will rebound more than expected in 2020, analysts say.
Leading monocrystalline wafer producer, LONGi Green Energy Technology has guided a surge in net profits expected for 2019, due to increased manufacturing scale lowering production costs and with significant growth in overseas market demand for its PV module subsidiary, LONGi Solar.
BNEF: American ITC rush and Spain’s subsidy-free shift help bolster 2019’s declining global solar finance figures, setting the scene for a boom of merchant and PPA-based PV this year.
Phase 1 agreement sees China accept taking in greater volumes of US poly exports as part of broader loosening of trade tensions, which PV reps hope will lead to scale-back of solar tariffs.
Specialist PV manufacturing equipment supplier Singulus Technologies has received a new order for CIGS thin film processing tools from existing customer, China National Building Materials (CNBM).
The largest monocrystalline wafer producer, LONGi Green Energy Technology Co has signed a three-year wafer supply deal with Chinese solar cell producer, Jiangsu Runyang Yueda Photovoltaic Technology Co (Runergy) worth approximately US$1.5 billion (RMB 10.34 billion).
Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar has partnered with the Shanghai Institute of Space Power-Sources (SISP) to co-develop high-efficiency multi-junction solar cell technology for both space and terrestrial applications.
Market research firm, IHS Markit expects global solar installations to continue double-digit growth rates in 2020, forecasting new installs to hit 142GW, a 14% increase over 2019.
According to Asia Europe Clean Energy (Solar) Advisory Co (AECEA) a string of policy support changes in China have failed to prevent a collapse in solar installations in 2019.
