We have tracked the annual R&D spending of 12 key publicly listed PV module manufacturers over the last 10 years. We present our new methodology with a broader scope which reveals record levels of investment in solar innovation.
‘Silicon Module Super League’ (SMSL) member GCL System Integration Technology (GCL-SI) has said it has become the first non-domestic PV module manufacturer to gain The Bureau of Indian Standards (BIS) certification for its modules.
China-based PV module assembly equipment specialist Yingkou Jinchen Machinery Co reported record second quarter 2018 operating income as key PV manufacturers in China continued to add new module capacity in the first half of 2018, notably through fully-automated solar module assembly lines.
The first wave of public listed China-based, China centric PV manufacturers reporting first half year financial results offers insight into the impact on companies after the Chinese Government capped utility-scale and distributed generation (DG) PV power plant projects at the end of May, 2018.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) reported a significant shift of its sales to outside China in the first half of 2018, accounting for 45.80% of total sales in the reporting period that also helped return the company to profitability.
As module suppliers adapt to the slowdown of Chinese module demand in 2018 and 2019, global EPCs and developers are likely to see new Asian-produced panels being offered for both rooftop and ground-mount installations.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) expects to report a small profit for the first half of 2018, due to late positive developments after previously guiding a small loss in the reporting period.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported preliminary unaudited ‘express’ 2017 financial results, highlighting revenue growth to record levels in the fourth quarter and the return to profitability.
After the significant upwards revisions made to global solar PV manufacturing capacity expansion announcements in the first half of 2017, which we reviewed in a previous blog, the third quarter was characterised by much more tempered plans.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has appointed a new chairman and chief executive officer as Zhu Gongshan, the majority shareholder with the GCL group steps down from the post of chairman of the board.