Major PV inverter manufacturer Sungrow Power Supply Co is expecting the global floating solar (FPV) market to experience explosive growth in the next two to three years, in which it is targeting becoming the leading supplier of floating solar systems.
China has filed a complaint at the World Trade Organisation (WTO) against the US’ 30% safeguard tariffs on solar imports as well as its renewable energy subsidies, claiming that they distort the global PV market – a move which comes as part of wider trade battle between the two global powers.
‘Silicon Module Super League’ (SMSL) member Canadian Solar continues to push its PV power plant business development to fill a growing demand issue as revenue for the second quarter of 2018 missed company expectations.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has lowered its full-year shipment, sales and capacity expansion plans for 2018, citing a number of global market and policy changes impacting its business.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported higher than guided second quarter PV module shipments and reiterated total shipments guidance to be in the range of 11.5GW to 12GW in 2018.
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.
China-based PV module manufacturer Jiangsu Seraphim Solar System Co has been accredited with a TUV SUD, IEC CTF (Customer Testing Facilities Certificate), which reduces time to market of new materials and modules under development.
Specialist PV manufacturing equipment supplier Amtech Systems is restructuring its solar cell manufacturing equipment business with job losses after China-based customers have pushed-out capacity expansion plans after government cuts were made to downstream solar installation targets as deployments far exceeded goals.
China-based polysilicon and wafer producer Daqo New Energy has guided wafer sales volume down 70%, year-on-year as the caps on utility-scale and Distributed Generation (DG) solar projects in China at the end of May start impacting quarterly business results for many companies dependent on the China solar market.
At Intersolar Europe 2018, PV Tech talked at length with Aiko Solar’s vice general manager Michael Ho, to gain an update on capacity expansions and strategy with its expanding range of PERC-based cells vis-a-vis the European market.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has agreed with Shanghai Electric Group to terminate a framework agreement announced in early June, 2018 with Shanghai Electric Group to sell a 51% stake in polysilicon production subsidiary Jiangsu Zhongneng Polysilicon.