China-based PV Manufacturer GCL System Integration Technology (GCLS) and downstream PV energy provider sister company, GCL New Energy (GCLNE) have both released strong financial results for the first half of 2016.
Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has reported second quarter 2016 financial results but has decided to not report a critical business metric, solar module (MW) shipments.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar exceeded PV module shipment guidance in the second quarter of 2016, partially driven by increased shipments to China. China became the largest contributor with external shipments growing 150.1% sequentially and 118.7% year-over-year. Quarterly module shipments were the second highest on record.
Korea-based monocrystalline wafer producer SKC Solmics, a subsidiary of Korea’s third largest chaebol has exited the solar sector with the sale of its production equipment to rival Wongjin Energy.
Following the completion of an intensive two-month research phase internally at PV-Tech and Solar Media, we have now identified the key topics that will form the basis of the PV CellTech 2017 event in Penang, Malaysia on 14-15 March 2017.
Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials said it at reached 900MW of monocrystalline PERC (Passivated Emitter Rear Contact) solar cell production at the end of the first half of 2016.
LG Electronics USA has started shipments of its flagship ‘NeON 2’ 72-cell solar panels in the US commercial and utility-scale markets. LG's N-type double-sided cell structure provides more energy with a 6.41- by 3.28-foot, footprint that comes in 365 to 375 watt ratings.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has retained both PV module shipment and revenue guidance for 2016, despite fears of overcapacity hitting both third party demand and ASP declines as it plans tight inventory control, curtail capacity expansions and use its downstream PV project development business as its overall buffer.
Lerri Solar, DelSolar, CNPV, Motech and Xian Longi have withdrawn from the EU’s Minimum Import Price (MIP) undertaking and will instead have to service their European customers via manufacturing facilities abroad.
