Yingli Green Energy has revealed new details surrounding its pending restructure, stating aims to once again become a top-ten module manufacturer. But as the solar industry enters a new era of expansion plans, can it keep up with the pace?
Having topped solar module manufacturer shipments in 2013, Yingli’s next five years were typified by falling revenues and increasing debt. Now, with a complex restructuring underway, Yingli has plans to reach the top again. PV Tech gets inclusive insight into how that restructure is taking shape.
At an event held earlier this month, Jinko, LONGi and JA Solar stated that manufacturing capacity of modules featuring 182mm wafers stood to reach 54GW next year, but even those estimates may prove to be conservative. PV Tech’s Carrie Xiao analyses the impact of industry competition on expansion plans
‘Solar Module Super League’ (SMSL) member Canadian Solar has stopped tweaking manufacturing capacity expansion plans and guided major plans for 2021 that encompass ingot, wafer, solar cell and module assembly.
‘Solar Module Super League’ (SMSL) member Trina Solar reported an 18.66% increase in revenue for the first nine months of 2020 compared to the prior year period, setting the company on a path to exceed 2019 financial results in the fourth quarter after several years of annual revenue declines.
Major polysilicon and merchant solar cell producer Tongwei has resumed production at its 20,000MT polysilicon plant in Leshan City, Sichuan province after damage, due to severe flooding in the region forced the plant to close in mid-August, contributing to a spike in polysilicon prices at the time.