The planned merger of Taiwan-based PV manufacturers Gintech Energy, Neo Solar Power (NSP) and Solartech Energy to be called United Renewable Energy Co (UREC) is to receive an investment from the Taiwan government, according to reports.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has slightly increased its fourth quarter and full-year 2017 shipment guidance. However, the sale of US PV power plant projects, were not completed in the quarter, forcing the company to lower revenue guidance.
China-based integrated and merchant PV manufacturer Tongwei Group said it would report full-year 2017 profits to be in the range of 80 – 100% higher than in 2016, due in part to its capacity expansions of both polysilicon and solar cells and higher average selling prices (ASP’s) in the year.
The majority of Taiwanese solar industry companies that are public listed on the TSE have recently reported December, 2017 sales figures, highlighting how elusive the recovery in sales has been in 2017.
After the significant upwards revisions made to global solar PV manufacturing capacity expansion announcements in the first half of 2017, which we reviewed in a previous blog, the third quarter was characterised by much more tempered plans.
‘Silicon Module Super League’ (SMSL) member Canadian Solar could become a partner with small-scale PV manufacturer in France, Photowatt, a subsidiary of EDF Energies Nouvelles in establishing a manufacturing plant producing next-generation silicon ingots and wafers.
Perovskite solar cell developer Oxford Photovoltaics said it was working with scientists at the new Helmholtz-Zentrum Berlin (HZB) innovation lab to further the optimisation of its perovskite cell materials for silicon heterojunction solar cell technology.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has appointed a new chairman and chief executive officer as Zhu Gongshan, the majority shareholder with the GCL group steps down from the post of chairman of the board.
Major China-based PV module manufacturer Risen Energy has recently signed a framework agreement to build and operate a 5GW monocrystalline cell and module plant in Changzhou City, Jiangsu Province, China.
Major PV module materials and N-type mono IBC (Interdigitated Back Contact) bifacial module manufacturer Jolywood has recently secured over US$200 million for its first 2.1GW IBC solar production facility in a non-public share offering.
Leading fully-integrated high-efficiency monocrystalline module manufacturer LONGi Green Energy Technology has signed a project investment agreement with local authorities in Chuzhou City, Anhui Province, China to build a new 5GW module assembly plant.
China-based merchant solar cell producer Guangdong Aiko Solar Energy Technology Co., Ltd (Aiko Solar) said it had achieved a production capacity of 4GW for PERC solar cells, while initially ramping its new production plant on schedule near Yiwu City, central Zhejiang province, China at the end of 2017.