Modules & Upstream Manufacturing

Privatization plans for Canadian Solar progress

Canadian Solar Inc. says it has entered into agreements with Dr. Shawn Qu and several unidentified potential equity partners regarding the plans to take the manufacturer private. It has also sold 30 MW worth of PV plants to its infrastructure fund in Japan.

EnergyTrend expects price shuffle after EU ends MIP

According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.

Energetica to establish gigawatt module fab in Austria

Production of high-efficiency solar PV modules in the Austrian region of Carinthia should commence as early as December 2018. Using a fully automated production line, Energetica Industries says it is well equipped for competition with Asian manufacturers.

PV Info Link: Mono-cSi cell price drops below multi

According to PV Info Link, the price for monocrystalline cells in China fell below that of the usually cheaper multicrystalline products. However analysts expect it to be a blip, with multi prices expected to fall and mono to be supported by the Top Runner Program, now China’s main source of demand for the rest of 2018.

Jinko sees Q2 profits slightly increase, confirms shipment outlook for fiscal 2018

The Chinese manufacturer has seen its revenue decline significantly in the second quarter of this year, despite quarterly shipments dropping just 3.1%. This performance, which confirms a trend that was already clear in fiscal year 2017, was mainly due to lower solar module ASPs. Quarterly net profit, however, has more than doubled. Despite recent developments in the Chinese PV market, the company maintains its shipment outlook for full fiscal year 2018, in which it hopes to ship between 11.5 GW and 12 GW.

Taiwan’s Neo Solar Power narrows loss ahead of merger

Taiwanese cell producer, Neo Solar Power has posted a net loss of NT$390 million (US$12.75 million) for the second quarter of 2018. Though indicative of the difficult times currently facing Taiwan’s cell manufacturers, the figures represent a 39.3% reduction compared with the previous quarter’s loss.

Beijing about-turn influenced collapse of polysilicon deal

Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned US$3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.

Prices begin to stabilize, though falling revenues and job losses expected among Chinese manufacturers

According to reports from Energy Trend, a 30% decline in PV demand from China this year will likely spell trouble for some of the country’s major module manufacturers, with job losses and factory closures expected, despite China’s determination to open new international markets for its PV industry.

The figures for China’s booming PV industry will be seen with a tinge of regret

In what analysts worldwide are sure to look back on as the last golden period for global solar – at least for the immediate future – China saw more impressive figures for PV manufacturing in the first half of the year. Then the government stepped in.

Module prices continue to fall

The latest reports from analysts at PV InfoLink and EnergyTrend show prices continuing to fall, though at a slower rate than was seen immediately after China’s 31/5 announcements. High efficiency mono-PERC modules fell to around $0.32/W, while multicrystalline module prices hold steady between $0.26 and $0.29/W.

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