Yingli’s financials go from bad to worse
In reporting its FY 2017 financials, Yingli has again revealed that “substantial doubt exists as to the Company’s ability to continue as a going concern.” It is seeking to agree on a debt restructuring plan with creditors, and is asking them to refrain from initiating bankruptcy proceedings. Overall, it recorded a 2017 net loss of US$510 million and total liabilities of $3.2 billion. It has not issued guidance for this year.
Longi half-cut cell PERC module exceeds 360 W
Longi is progressing at breakneck speed, having announced yet another world record. This time, the Chinese manufacturer says its 120-cell half-cut monocrystalline PERC module has exceeded 360 W.
Long read: China’s monocrystalline boom
Two large Chinese ingot and wafer makers have announced bold plans to expand their capacities beyond anything seen to date. In the process they could transform the entire upstream solar manufacturing landscape.
A commitment to American manufacturing: An interview with SunPower CEO Tom Werner
In this interview with pv magazine USA SunPower CEO Tom Werner gets into the why and how of his company’s purchase of SolarWorld Americas, and what to expect from SolarWorld’s Oregon factory in the future.
Global inverter shipments to grow just 2% in 2018
Global solar PV inverter shipment are expected to increase just 2% this year, to just over 100 GWac, GTM Research’s Scott Moskowitz tells pv magazine. He further reveals that Huawei knocked SMA off the top revenue spot in 2017, for the first time.
SMA reports record shipments, lower revenue
The German inverter maker sold 8.5 GW of solar PV inverters last year. Revenue, however, dropped by €50 million, while net profit remained flat at €30 million.
SolarWorld files for insolvency – again
Roughly seven months after its new beginning, the German solar PV manufacturer has again filed for insolvency at the District Court of Bonn – the second time in one year. SolarWorld blames the planned phasing out of anti-dumping measures by the EU Commission against Chinese competition and the further drop in prices.
Sharp hits 25.09% efficiency on full size HJT cell
Japanese electronics giant, Sharp has announced the achievement of a 25.09% conversion efficiency, from a cell utilizing both heterojunction (HJT) and back contact technology. The measurement has been validated by Japan Electrical Safety & Environment Technology Laboratories (JET).
The 9th ITRPV: module price pressure to continue as production capacity tops 130 GWp and price learning curve rises to 22.8%
Annual International Roadmap for Photovoltaics, compiled by the German production equipment industrial association (VDMA), reveals slowdown in module price reduction for 2017 in contrast to significant market increase that saw module production capacity rise above 130 GW.
More than 20 PV makers request exemptions from US solar import duties
The list includes many of the big names in the industry as well as a request to exempt the entire EU panel industry.
