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.
JA Solar secures $68 million loan for equipment at 1.5 GW Vietnam wafer fab
Chinese manufacturer, JA Solar has secured a long-term buyer credit loan facility worth US$68.4 million for the procurement of equipment for its 1.5 GW wafer facility in Vietnam.
The China effect: Decreasing PV utilization rates, serious oversupply and future strategies
Independent PV analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.
TrendForce: Price war may begin due to overcapacity
The Taiwanese analysts expect that overcapacity will force some solar players to abandon their business or file for bankruptcy. IHS Markit also sees further price declines and consolidation in the third quarter, although it does forecast signs of a speedy recovery.
