Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has reported a significant increase in nameplate wafer capacity in 2017, going from 18.5GW in 2016 to 30GW at the end of 2017, a 62.2% rise.
‘Silicon Module Super League’ (SMSL) member JA Solar is getting closer to de-listing from NASDAQ and going private after over 90% of the ordinary shares held had voted to agree a merger with its Cayman Islands registered parent company, owned primarily by JA Solar’s founder, chairman and CEO, Baofang Jin.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings said it would expand module assembly capacity by 1GW at its existing manufacturing facilities at a cost of RMB160 million (US$25.2 million).
Major PV module materials and N-type mono IBC (Interdigitated Back Contact) bifacial module manufacturer Jolywood has reported preliminary unaudited 2017 financial results, posting an increase in revenue of 133.68%.
China-based polysilicon producer Daqo New Energy has announced plans for expanding production by at least 12,000MT in less than 18-months that will be dedicated to supplying high-efficiency monocrystalline wafers producers, due to continued strong demand.
US-headquartered high-efficiency PV module producer SunPower Corp has announced plans to reduce its workforce by 3%, due to the Section 201 trade case decision by US President Trump to impose new import tariffs of solar cells and modules imported into the country.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) said it would continue to report a net loss for 2017, due to product ASP declines and PV power plant grid curtailments in China.
Specialist PV manufacturing equipment supplier Amtech Systems has continued to benefit from a major solar orders placed with the company in 2017 that are continuing conversion to revenue in its fiscal first quarter of 2018.
TerraForm Power launches offer to acquire Saeta Yields, Schletter provides mounting systems for 35MW solar plant in China, Spanish government identifies projects from 3GW, NSP completes 2MW rooftop system in Taiwan with bifacial modules.