High-efficiency module manufacturer Ten K Solar, has announced that it will be “discontinuing” its current operation – but has claimed it is not because of any product performance issues, contrary to media reports.
US-headquartered high-efficiency PV module producer SunPower reported a first quarter 2017 net GAAP loss of US$134.5 million, while guiding further losses of between $110 million to $135 million for the second quarter of the year as the company transitions its business model.
Tesla reported first quarter 2017 solar installations of 150MW, down from 201MW in the previous quarter, a 25% decrease, due to selection criteria biased towards customer owned PV systems rather than leased.
Struggling China-based PV manufacturer Yingli Green Energy has avoided another bond default with the payment of approximately US$46 million on one of its five-year unsecured medium-term notes (MTNs) that were due on May 3, 2017.
Struggling China-based PV manufacturer Yingli Green Energy has warned of delays in filing its 2016 annual report (Form 20F) with the US Securities and Exchange Commission.
Trina Solar has launched its high-efficiency P-type mono-PERC (Passivated Emitter Rear Cell) bifacial module ‘DUOMAX Twin.’ The modules have a 0~+5W positive power tolerance and have a 285-300W power range with 18% maximum conversion efficiency.
Struggling China-based PV manufacturer Yingli Green Energy, which recently reported an annual loss of US$293.6 million and total debts of US$2.2 billion has received new demands from bondholders over looming payments and partial previous defaults.
‘Silicon Module Super League’ (SMSL) member Trina Solar has secured the second largest order for bifacial modules, according to PV Tech’s analysis. The shipment occurred in April 2017 and is Trina Solar's first order for its bifacial modules.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured a US$97 million debt facility for a 92MWp project in North Carolina, US, from Prudential Capital Group and a tax equity investment commitment from US Bancorp Community Development Corporation (USBCDC).
