‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS may have reported record PV module shipments and revenue for 2016 but the underlying strategy for 2017 is cash preservation after its gross profit and margins collapsed in the fourth quarter of 2016.
A 50:50 joint venture formed by ‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS and Turkish firm Kalyon Enerji has been awarded a 1GW local content solar project in the Karapınar region in Turkey at a tariff of US$0.0699/kWh.
Hanwha Q CELLS and ADLER Solar have agreed to a supply contract that will see Hanwha provide 25MW of its high efficiency Q.PLUS solar modules with integrated Q.ANTUM technology — along with an option to upgrade to an additional 5MW.
US-Based wafer producer 1366 Technologies and ‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS have jointly achieved cell conversion efficiencies of 19.9%, up from 19.6% announced in December, 2016.
Yesterday, we exclusively revealed the top-10 solar cell producers for 2016. In the second part of our top-10 series, we can now reveal for the first time the top-10 module suppliers to the solar industry for 2016.
There are many key metrics worth listing at the end of each year in the solar industry. In terms of the upstream/manufacturing side, two jump out as leading indicators for the year ahead.
The first is to rank the top-10 producers of the solar cells during the year.
New analysis by the in-house market research team at PV-Tech’s parent company Solar Media Ltd. can exclusively reveal that Hanwha Q-CELLS was the number 1 solar PV cell manufacturer in 2016, based on megawatts of cells produced in-house across the year.
In preparation for our latest manufacturing and technology webinars on Wednesday 7 December and Thursday 8 December, we have updated our in-house models for the Silicon Module Super League (SMSL) companies, revealing the continued push towards high-efficiency cell production.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said that previously upwardly revised shipment guidance would be retained for the full-year after reporting a 10.9% increase in revenue for the third quarter of 2016.
This blog contains the concluding part of my Tales from Taiwan feature, with the first blog - Tales from Taiwan Part 1: more capacity comes online, but not in Taiwan - appearing on PV-Tech earlier this week.