‘Solar Module Super League’ (SMSL) member GCL System Integration Technology (GCL-SI) has reported preliminary ‘express’ financial results for 2018, noting a return to a small profit, despite ASP declines impacting total revenue.
The recent announcement from India’s Ministry of New & Renewable Energy (MNRE) to approve a 12GW solar scheme for central public sector undertakings (CPSUs) – crucially mandating the use of domestically sourced solar cells and modules – represents the first key step towards India finally creating a route to stimulate multi-GW expansions for new cell and module facilities.
Integrated PV module manufacturer REC Group has said it invested US$150 million in developing and rolling out into volume production a new N-type monocrystalline-based heterojunction (HJ) cell that will use Meyer Burgers ‘SmartWire’ (SWCT) cell connection technology.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp has started ramping production at its first volume manufacturing plant in Oregon, USA.
‘Solar Module Super League’ (SMSL) member Canadian Solar has surprised with an upwardly revised PV module shipment forecast for the fourth quarter of 2018.
ROTH Capital Partners has become increasingly bullish on a strong rebound in global solar demand in 2019, led by competitive pricing dynamics with other energy sources and increasing optimism that China will provide good subsidy support for solar in 2019 and onwards.
When we established the Silicon Module Super League (SMSL) a few years ago, it was prompted by the realisation that a select group of solar PV module suppliers were moving away from the 100+ chasing pack, and firmly establishing themselves as the companies that would be the dominant players as the industry moved towards and above annual shipment levels of 100GW.
Tesla reported as expected lower solar system installations for the fourth quarter of 2018, while citing continued testing of its roof tile system for a still vague roll-out timetable for mass production and deployments.
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co expects net profit in 2018 to be in arrange of 22.65% to 41.9% lower than in the previous year.
The Photovoltaik-Institut Berlin (PI Berlin) has released a new study analysing over time its solar PV panel quality control audits that have topped 250 at more than 120 panel manufacturers worldwide to highlight the current status of ‘quality’, while dispelling long-held misconceptions of the type and location of manufacturers in the quality pecking order.