Diversified renewables firm Shunfeng International Clean Energy (SFCE) is close to an agreement to sell its manufacturing operations, which include Wuxi Suntech, as well as other international operations, including power plant monitoring firm, meteocontrol to reduce debts of RMB12,295.3 million (US$1.83 billion).
Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar said a strong recovery in global solar demand was expected to lead to a 30% increase in its PV module shipments in 2019. As a result, the SMSL would ramp module capacity to 15GW.
‘Solar Module Super League’ (SMSL) member, Canadian Solar plans to expand PV module nameplate capacity by around 26% in 2019, despite the high-end of new shipment guidance increasing by 18%.
Following recent announcements from the government departments administering India’s solar PV growth ambitions, the country is now in the process of working out how to expand its domestic upstream manufacturing capacity, at a time when the PV industry is going through a period of rapid technology-change and supplier competition.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) expects to report a loss in 2018 of approximately US$254 million, due to PV product ASP declines and impairment charges to its manufacturing operations.
New Solar Module Super League (SMSL) member, Risen Energy has joined the National Enterprise Technology Center list of companies, qualified by the China National Development and Reform Commission, Ministry of Science and Technology, Ministry of Finance.
Hoymiles is unveiling its 4-in-1 microinverter, the HM-1200, which is the first designed with reactive power control for 4 solar panels. It still offers the same features as Hoymiles former released MI-1200, with wide DC input operating voltage range (16-60V) & low start-up voltage (22V only).
Turkey-based renewables firm EkoRE has broken ground on the world’s first vertically integrated heterojunction (HJT) module factory in Turkey with an expected initial nameplate capacity of 1GW.
Germany-based EPC firm, PFALZSOLAR is building a 34MWp project for non-commercial waste management firm HVC Group in the Dutch province of Flevoland, its largest project to date in the country.
