‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has signed an MOU with Korea Hydro & Nuclear Power (KHNP) to build an 80MW rotating floating solar project on a reservoir in South Korea, which would be the largest of its type in the world.
SolarWorld Americas the subsidiary of bankrupt integrated PV module manufacturer SolarWorld AG said it would receive a US$6 million cash infusion from its parent company’s financial lenders to continue reduced operations after recent workforce reductions and support its co-petition with bankrupt US rival Suniva in the ITC ‘Section 201’ case.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it had reached a new production milestone of 1.0 billion high-efficiency ‘Q.ANTUM’ solar cells, equivalent to around 5GW.
India installed 5.5GW of utility-scale solar capacity in the last fiscal year and the country is expected to add another 8GW in the coming year, according to consultancy firm Bridge to India’s ‘India Solar Map’.
In its tenth year of organisation, the Intersolar AWARD proceedings reflected a niche but high-profile sector of the downstream PV industry, floating solar. The coveted prize in the ‘Photovoltaics’ category went to project developer Ciel & Terre International, regarded as a pioneer of floating solar with around 43 projects completed.
Despite the major exhibition having a European tag, Intersolar Europe remains one of the most ‘international’ solar trade shows on the event calendar. As a result, new products launched at this show predominantly reflect trends and developments across multiple markets. On the first day of the exhibition, several new products stand-out for attention. More Day 1 updates are to follow.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said its key strategic focus was to diversify its regional and market segment sales in 2017, while reiterating full-year PV module shipment guidance to be in the range of 5.5GW to 5.7GW in 2017.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it had become eligible to participate in solar tenders in France after Certisolis had certified its PV modules had met low carbon footprint metrics and fulfilled all criteria for CRE3 and CRE4 tenders in the country.
Hanwha Q CELLS has launched its first PV modules using P-type monocrystalline PERC cell technology. The Q.PEAK module series is now available for European customers in two variations: Q.PEAK-G4.1 with black frame and white back sheet and as the all black Q.PEAK BLK-G4.1. The Q.PEAK-G4.1 comes in power classes ranging from 295Wp to 305Wp and efficiencies of up to 18.6 %. The Q.PEAK module series is being showcased at Intersolar Europe 2017.
Mono c-Si cell production is forecast to account for 49% of all c-Si cell production in 2018, and will become the dominant technology used in the PV industry by 2019, according to new research contained in the latest release of the PV Manufacturing & Technology Quarterly report, from the in-house research unit at PV-Tech’s parent company Solar Media Ltd.
PV Tech’s preliminary analysis of global solar PV manufacturing capacity expansion announcements in the first quarter of 2017, show a strong rebound compared to the significantly subdued environment experienced in the second half of 2016.
‘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.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS is allocating only US$50 million to capital expenditures in 2017, indicating there would be no new in-house capacity expansions in 2017.
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.
