Solar cell production in 2018 represented change on many fronts, but may be remembered as a year during which Chinese-owned companies made further strategic moves as part of the current Beijing mandate to position the country as a high-tech manufacturing global powerhouse.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) has announced that it’s CEO, Xin (Eric) Luo and vice chairman Jianmin Shi have both resigned their positions at the company.
Updated: The US solar trade body, Solar Energy Industries Association (SEIA) said it would spearhead the campaign against the trade petition by US-based bankrupt cell and module manufacturer, Suniva with the USITC (United States International Trade Commission) that threatens import duties on all crystalline solar cells and panels imported from anywhere across the world not produced in the US.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
Updated: US-based high-efficiency module manufacturer Suniva, majority owned by Chinese diversified renewables firm Shunfeng International Clean Energy (SFCE) is to carry out a number of unspecified job cuts across its operations, according to a company statement.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) had previously warned that it expected to report a loss in 2016 of around US$133 million (RMB 923 million) due to a catalogue of issues but revised analysis by the company put the figure significantly higher at around US$348 million.
China-headquartered solar cell and module manufacturer China Sunergy (CSUN) said in a joint statement with the California Governor’s Office of Business and Economic Development (GO-Biz) that it was establishing a solar module assembly facility at the McClellan Business Park near Sacramento, California.
There are many key metrics worth listing at the end of each year in the solar industry. In terms of the upstream/manufacturing side, two jump out as leading indicators for the year ahead.
The first is to rank the top-10 producers of the solar cells during the year.
China-based PV module manufacturer Wuxi Suntech, a subsidiary of diversified renewables firm, Shunfeng International Clean Energy (SFCE) has said it has achieved multicrystalline Passivated Emitter Rear Contact (PERC) cell efficiencies of 20% in production.
