Major China-based PV module manufacturer Risen Energy, which entered PV Tech’s Top 10 module manufacturer’s rankings for the first time in 2017, has reported that its operating income exceeded RMB 10 billion (US$1.56 billion) in 2017, a new record for the company.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) was heading for a major collapse in its business profitability in 2017 but relocation compensation from a state land acquisition is expected to provide support to its profitability.
Leading solar PV manufacturing equipment supplier Meyer Burger has exceeded its revenue guidance as it discloses preliminary financial information for fiscal year 2017.
Multinational construction firm Skanska AB is to test semi-transparent perovskite solar modules from start-up Saule Technologies on commercial office buildings with the first applications planned to be installed in Poland in 2018.
Bloomberg New Energy Finance (BNEF) has reported that Global solar investments topped US$160.8 billion in 2017, an 18% increase over the previous year and importantly, despite capital costs declining around 25%.
The planned merger of Taiwan-based PV manufacturers Gintech Energy, Neo Solar Power (NSP) and Solartech Energy to be called United Renewable Energy Co (UREC) is to receive an investment from the Taiwan government, according to reports.
Following an extensive research process over the past couple of weeks, we can now reveal the top-10 module suppliers (by shipment volumes) for the calendar year 2017.
German-based monocrystalline PERC (Passivated Emitter Rear Cell) PV module manufacturer SolarWorld Industries is shipping a total of 60MW to Turkey-based EPC firm, Inosolar in the first half of 2018.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings has reported preliminary 2017 financial results, highlighting a record 57.3% increase in external product shipments.
The majority of Taiwanese solar industry companies that are public listed on the TSE have recently reported December, 2017 sales figures, highlighting how elusive the recovery in sales has been in 2017.