In the first half of the year, the PV equipment manufacturer recorded a significant increase in sales. This was largely due to orders from the solar industry.

The Chinese PV manufacturer has proved to the European Commission that it does not use products from China at its Malaysian plant. Therefore, the commission has exempted these products from the applicable minimum import price regime.

Although the Chinese government has recently scaled back solar energy development, it has created a new, large, alliance to reach more foreign markets. In addition to focusing on the shipment of PV modules, it will also address financing, EPC and O&M services.

The German PV equipment provider has improved sales and results in the first half of the year. The company, however, received more orders from the semiconductor and microelectronics industries. In the next 12 months, centrotherm expects new orders from the Chinese solar industry.

The company reports having shipped 4.3 GW of PV inverter capacity, which marks a significant year-on-year increase. While revenues increased slightly, net income improved by a higher margin.

In what marks another major PV project announcement for Vietnam, the Germany-based company will supply equipment for a 258 MW PV system, and commission it upon its completion, scheduled for mid-2019.

The German PV home storage provider delivered around 1,500 solar batteries globally last month. At around 75%, most systems went to Germany, Austria and Switzerland.

At a creditors’ meeting, important decisions have been made regarding the future of the ailing German solar module manufacturer. The creditors have decided to discontinue the loss-making business at the end of September, providing no investor can be found by then.

Currently, new anti-dumping proceedings against solar glass makers from Malaysia are taking place in the EU. Imports of Chinese solar glass have been subject to high anti-subsidy and anti-dumping duties since 2014. The European module manufacturers fear further massive competitive disadvantages and the danger of an Interfloat monopoly in Europe.

According to numbers released by German association BDEW, in the first half of the 2018, renewables contributed 36.3% to gross electricity generation, while PV increased its share to 7.3%. Furthermore, the association said that the market-driven, phased exit from coal-fired power generation is already in full swing.