Leading CdTe thin-film manufacturer and ‘Solar Module Super League’ (SMSL) member, First Solar reported significantly lower than expected first quarter sales, due primarily to challenges in its EPC PV project business in the US and Japan that impacted sales by US$159 million.
Japan has called on India to immediately review its safeguard duty on imported solar cells to ensure that products that have different characteristics from solar cells are excluded from the measure.
Canadian Solar subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui (SMFL), a member of Sumitomo Mitsui Financial Group.
‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) doubled overseas PV module shipments in 2018, while seeking a target of shipments outside of China of 80% in 2019, according to its recently published 2018, annual financial report.
Etrion bags permits for 45MW Niigata project, Madhya Pradesh state calls for bids for 25MW rooftop scheme, Sri Lanka signs MoU with Canada for 100MW floating farm.
Hanergy Thin Film Power Group has claimed a new conversion efficiency record for an N-type monocrystalline heterojunction solar cell with a conversion efficiency of 24.23%.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
