Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) set new record revenue, profitability and product shipments levels in 2019, while continuing growth through the challenging first quarter of 2020, due to the COVID-19 pandemic.
The slowdown of the global economy in 2020 is ultimately going to impact the guidance and forecasting offered by all PV manufacturers during the first couple of months of the year, prior to the effects of COVID-19.
Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.
The ‘Solar Module Super League’ (SMSL) member expects continued quarterly losses in Q1 2020, given the COVID-19 related issues impacting its business operations in the reporting period.
Jiangsu Zhongli Group, the technology and science group including integrated PV manufacturer Talesun, has guided Q1 2020 net loss due to COVID-19 impacts even as it approved plans for a US$222m raise.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has guided for a trebling of net profit increase for the first quarter of 2020, up 210% compared to the prior year period.
China-based PV backsheet and high-efficiency PV manufacturer Jolywood (Suzhou) Sunwatt Co expects to report a small loss in the first quarter of 2020 due to the impact of COVID-19 on its materials and solar module manufacturing operations.
Jolywood (Taizhou) Solar Technology Co, the PV module manufacturing arm of major PV backsheet manufacturer Jolywood (Suzhou) Sunwatt Co said it had made a conversion efficiency breakthrough with n-type TOPCon (Tunnel Oxide Passivated Contact) high-efficiency bifacial solar cells.
Inline solar cell measurement equipment specialist, Aurora Solar Technologies (AST) has received a new order from an existing PV manufacturing customer located in China.
