China-based PV and glass manufacturer, Changzhou Almaden Stock Co Ltd was recently forced to declare that it was supplying Tesla with glass encapsulated solar roof tiles, due to abnormal fluctuations in its stock traded on the Shenzhen Stock Exchange.
A wave of PV manufacturers listed on China stock markets have reported full-year net profit guidance for 2019 that indicates significant profit gains over the previous year.
China-based integrated PV manufacturer, EGing Photovoltaic is planning major manufacturing upgrades and production relocation to return to competitiveness after guiding a full-year 2019 net profit loss.
Chinese PV developer and manufacturer Risen Energy has brought online a 50MW solar project that is billed as the first large-scale Kazakh PV plant to use trackers.
Leading monocrystalline wafer producer, LONGi Green Energy has signed a new wafer supply agreement with major merchant solar cell producer, Tongwei Solar valued at approximately US$1.88 billion, over a three-year period.
The first steps have been taken in ending the trade war between the US and China now that the ‘Phase 1 Trade Agreement’ has been signed. A surprise inclusion for the PV and semiconductor industries has been China’s agreement to reopen the trade doors for US-made solar-grade polysilicon.
International renewable energy provider GCL New Energy, a subsidiary of GCL-Poly has signed a deal to sell 7 operational solar power plants in China with an aggregate installed capacity of approximately 294MW to one of the five largest state-owned electric utility enterprises in China, China Huaneng Group.
‘Solar Module Super League’ (SMSL) member, LONGi Solar has reported a new record P-type monocrystalline PERC (Passivated Emitter Rear Cell) PV module conversion efficiency of 22.38%, culminating in an overall efficiency gain of almost 2% in the last two years.
‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) is set to invest in expanding capacity dedicated to shingling wafer/cell/module technology for larger wafer sizes by 2.5GW.
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.
