As PV Tech recently reported, significantly higher than expected solar PV installations in China is driving global installation forecasts to be revised upwards.
Having turned and continue to remain cautious about its business outlook for the second-half of 2017, JA Solar reported second quarter results that simply defied previous guidance, driven by greater than expected demand in China and a start of a rush to stockpile in the US.
A key factor in the strong growth of the PV industry in 2017 is the Silicon Module Super League (or SMSL), comprised of the seven companies that will each ship in excess of 4GW of modules this year, well above all other module suppliers to the industry.
Taiwan-based PV cell and module manufacturer Motech Industries continued a fourth consecutive quarterly loss, yet losses declined on increased solar cell shipments in the second quarter of 2017.
Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
The insolvency administrator for SolarWorld AG's shares in Solarparc GmbH, Deutsche Lithium GmbH and SolarWorld Americas said it was focusing its efforts on finding buyers for these companies.
Solar PV cell and module ribbon interconnect supplier Ulbrich Solar Technologies has closed its production operations in Hillsboro Oregon, due to operating difficulties of SolarWorld Americas after parent company SolarWorld AG went into insolvency proceedings.
Specialist solar PV equipment supplier centrotherm International has reported first half 2017 photovoltaics and semiconductor segment equipment order backlog of nearly €141 million as well as securing CIGS thin-film tool orders from Manz for turnkey line projects in China.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS reported inline second quarter revenue but margins continued to be impacted by declining average selling prices (ASP).
Key manufacturing and R&D assets of bankrupt German integrated PV module manufacturer SolarWorld AG have been acquired by its former founder and chairman, Dr. Ing. Eh Frank Asbeck.
