A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
Independent Solar Power Producer (IPP) Sonnedix has bought a portfolio of 28 solar PV plants from Italian energy company Graziella Green Power S.p.A., with a combined capacity of 53MW. Financial details were not disclosed.
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co is planning to expand production through its key stakeholders Lin Jianwei and Zhang Yuzheng selling between 5%-10% of their shares in the company to Huajun Industrial, part of the Haujun Group.
Jolywood (Suzhou) Sunwatt Co has launched two differentiated high-efficiency N-type mono PV modules. The new products, the JW-HT&HD Series ‘Paving’ module boasts a front power of 430W, efficiency of 20.5%, integrated power of 530W with efficiency of 25.4%, as well as a rear power gain of 30%. The JW-HF Series ultra-light flexible module weighs 3.75kg per sqm, due to the advanced composite encapsulation materials.
Just when it looked like the underlining trend for Tesla’s shift away from using third party mainstream solar panel suppliers was set in stone, as manufacturing partner Panasonic started ramping Gigafactory 2 production, the latest data for the third quarter of 2018, goes completely in a different direction.
China-based PV module manufacturer Hareon Solar Technology Co has reported that its main manufacturing subsidiary, Jiangyin Xinhui Solar Energy Co has been forced into bankruptcy liquidation, due to bad debts in the People's Court of Jiangyin City, Jiangsu Province.