Solar industry manufacturing capacity expansion plans in Q2 take hit from China

PV manufacturing capacity expansion announcements in the second quarter of 2018, were slightly higher than the previous quarter, although activity slumped specifically in June, after China’s decision to suddenly cap utility-scale and distributed generation (DG) projects (531 New Deal). But large-scale multi-gigawatt production plans in the first half of the year may have hidden an inevitable slowdown, despite the impact on downstream demand from the 531 New Deal.

First Solar’s sales at low-point for the year in Q2

Leading CdTe thin-film module manufacturer First Solar has reported an expected weak second quarter in sales as previously guided but also remains impacted by project completion push-outs and ramp-up issues of Series 6 module production, impacted gross margins.

5N Plus secures new material supply deals with First Solar

Canada-based specialty metals firm, 5N Plus said it had secured a series of multi-year contracts for the supply of semiconductor materials (CdTe) and ancillary services deal with leading CdTe thin-film PV module manufacturer, First Solar.