Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.
Canadian Solar recorded net income of $237.1 million in 2018, from $99.6 million a year earlier, on annual PV module shipments of 6.62 GW.
With the legal squabble between Hanwha Q Cells and three rival solar manufacturers now encompassing three countries, equipment supplier Meyer Burger saw fit to refer to the dispute in its latest announcement of an Asian contract win.
The Korean solar manufacturer has lodged a lawsuit with the Federal Court of Australia against Chinese panel makers Jinko and Longi following similar allegations in the U.S. and Germany.
The Chinese mono giant is already producing bifacial half cut modules at its new Anhui fab after the completion of an initial 2.5 GW phase of operations. And the company president confirmed Longi is on track for 45 GW of mono wafer and ingot production capacity next year.
U.S.-based high efficiency module maker SunPower is introducing its new Maxeon 3 module series to the Australian marketplace. At 370W, 390 and 400 W, the modules lead the field for power output. U.S. customers will, however, be the first to see the company’s larger format A-Series modules.
The Korean solar manufacturer has lodged a patent infringement lawsuit against Jinko and REC in Germany, and two more against the same companies plus Longi in the U.S. Hanwha Q Cells claims its three rivals have used its patented solar cell passivation technology to increase the performance of their products.
Jinko Solar has launched a new bifacial solar module, with a clear backsheet manufactured by DuPont, to compete with standard glass-on-glass bifacial products, as well to create markets where bifacial might not have previously fit.
Having quickly proven their performance boosting potential and durability, anti-reflective coatings are now found on the majority of modules rolling off the world’s production lines. Today, coating suppliers are looking to tackle losses from soiling as well as reflection, and working to keep up with cost reductions and extended lifetime expectations at module level. Older modules, installed without a coating, could also be set to benefit from their latest innovations.
The Ontario firm has revised figures for shipments, net revenue and gross margin after seeing better-than-expected trading in the final three months of 2018.
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