ROTH Capital Partners has told investors that the recent outbreak of the Coronavirus in China is likely to impact the solar industry supply chain, due to extended work stoppage in eight provinces, many being key solar manufacturing hubs, through February 9th.
‘Solar Module Super League’ (SMSL) member, First Solar has agreed to settle a 2012 class action lawsuit to the tune of US$350 million. The settlement is subject to approval by the United States District Court for the District of Arizona.
‘Silicon Module Super League’ (SMSL) member, JA Solar has supplied 33.1MW of mono-PERC panels to Ukraine-based project developer, UDP Renewables for the Scythia-Solar-2 PV power plant in the Zaporizhia region of the country.
‘Solar Module Super League’ (SMSL) member, JA Solar is supplying its high-efficiency bifacial PERC modules for two 2.4MW PV projects in South Korea, the largest projects so far to use the technology in the country.
‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) doubled overseas PV module shipments in 2018, while seeking a target of shipments outside of China of 80% in 2019, according to its recently published 2018, annual financial report.
Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar said a strong recovery in global solar demand was expected to lead to a 30% increase in its PV module shipments in 2019. As a result, the SMSL would ramp module capacity to 15GW.
‘Solar Module Super League’ (SMSL) member, Canadian Solar does not expect to repeat last year’s strong profitability growth in 2019, due to falling PV module ASPs (Average Selling Prices) and a slowdown in PV power plant project sales as it rebuilds its late-stage projects pipeline for 2020, onwards.
‘Solar Module Super League’ (SMSL) member LONGi Solar, a subsidiary of the world’s largest monocrystalline wafer producer, LONGi Green Energy will shortly have exceeded 13GW of module assembly production after a new 5GW plant ramps to full capacity in 2019.
‘Solar Module Super League’ (SMSL) member GCL System Integration Technology (GCL-SI) has reported preliminary ‘express’ financial results for 2018, noting a return to a small profit, despite ASP declines impacting total revenue.
When we established the Silicon Module Super League (SMSL) a few years ago, it was prompted by the realisation that a select group of solar PV module suppliers were moving away from the 100+ chasing pack, and firmly establishing themselves as the companies that would be the dominant players as the industry moved towards and above annual shipment levels of 100GW.