China-based PV module manufacturer Hareon Solar Technology Co, has reported unaudited first half 2018 financial results, highlighting the collapse in the company in 2017, as losses mounted and was forced into major restructuring in 2018.
GoodWe is rolling out its new compact 20 kW SDT series inverter for three-phase households with high capacity density, which includes two MPP trackers and a wide input voltage range to ensure design flexibility and compatibility with high-output PV panels.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) reported a significant shift of its sales to outside China in the first half of 2018, accounting for 45.80% of total sales in the reporting period that also helped return the company to profitability.
NEXTracker, a Flex company has collaborated with CdTe thin-film module manufacturer, First Solar to provide a patent-pending racking technology for First Solar's Series 6 (large-area) panel rollout this year.
‘Silicon Module Super League’ (SMSL) member Trina Solar has started construction of a 29MW PV power plant in Miyagi Prefecture, Japan, in collaboration with Thailand’s Banpu Power Public Company.
Major PV inverter manufacturer Sungrow Power Supply Co, recently reported a relatively strong rebound in revenue (up 10%) in the first half of 2018 but on a quarterly basis the second quarter sales increased 29% from the previous quarter, indicating that greater dependence on China and the utility-scale market with central inverters, creates a ‘solarcoaster’ ride.
Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Major PV inverter manufacturer Sungrow Power Supply Co said that a 1.9MW floating solar (FPV) plant in southern Taiwan had experienced extreme environmental conditions through a dry season and then typhoon season that caused some unique issues but survived relatively unscathed.
