solarworld

Integrated PV manufacturer SolarWorld is to shift its production focus to monocrystalline PERC (Passivated Emitter Rear Contact) cells and modules and away from multicrystalline to build economies of scale with high-efficiency only products. With the realignment of production to mono PERC products, including bifacial modules, around 400 jobs would be lost by the end of 2019.

Phoenix Solar joins Singapore-based floating PV testers, GIPCL issues LoIs to Vikram Solar over 80MW in Gujarat, Brazil solar industry needs BRL6 billion after December auction, Altus Power starts 6.2MW solar plant construction in Hawaii,

Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.

The solar centric political campaigning group EU ProSun, established by integrated PV module manufacturer, SolarWorld, has condemned China and Chinese module manufacturers for causing SolarWorld to make 500 ‘temporary’ workers at its manufacturing plants in Germany, redundant.

Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.

The annual US-based Solar Power International (SPI) exhibition and conference historically generates a significant number of new product launches and can set new trends and directions for the downstream solar PV sector, globally.

SolarWorld has launched a new era of modules for free-field and flat roof systems. The new ‘Sunmodule Bisun’ is a solar module active on both sides (bifacial) that converts light from all directions into electrical energy. This ensures up to 25 % more yield per installed kWp, depending on the surface on which it is installed. The modules are expected to be provided in 270Wp through 331Wp configurations. SolarWorld has also developed a new racking system for flat roofs that is optimized for the bifacial technology.

Integrated PV module manufacturer SolarWorld is offering US solar installers commercial project funding resources amounting to US$225 million, guaranteed by REC Solar majority-owner Duke Energy, in California, Hawaii and the Northeast states of Maryland, Massachusetts, New Jersey and New York.

SolarWorld and Hemlock are set to hold a mediation conference on 19 September following SolarWorld being ordered to pay Hemlock damages amounting US$793 million plus costs and interest in July.

Integrated PV manufacturer SolarWorld has started using two module assembly subcontractors to boost capacity to meet demand in the US and Europe, according to the company’s first half 2016 financial report.