Hanwha Q CELLS lowers full-year shipment guidance but returns to profitability

‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has lowered full-year shipment guidance to 5,600MW to 5,800MW, compared to its initial guidance of 6,000MW to 6,200MW, which could be attributed to the impact of the US Section 201 trade case duties and the company’s refocus on the European market.

Total to acquire Direct Energie

French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.