PV inverter shipment volumes have gone up recently, but an increasingly competitive market has seen declining prices, forcing manufacturers to think out of the box to find new business applications for their products.
GCL System Integration Technology (GCL-Si) has revealed tentative plans to buy an unspecified state-linked semiconductor manufacturer, with Chinese media reports suggesting that the Shenzhen-listed PV module supplier may leave the solar cell and module business to exclusively focus on producing wafers for the semiconductor industry.
The Tesla/Panasonic gigafactory is taking on more workers, as a sign of health. However many details remain unclear.
After much lively debate, a jury of independent experts pv magazine has selected three top innovations for special recognition in the Technology Highlights feature.
On the last stretch to the merger between NSP, Gintech and Solartech, the company still posted losses due to “operational challenges” and solar trade disputes.
As what may be the first sign of many changes, the President and CEO who led SolarWorld through the Section 201 case is being replaced by a restructuring veteran.
The South Korean government has announced plans to formally launch a dispute settlement process with the World Trade Organization (WTO) over U.S. tariffs on PV cells, modules and washing machines.
The solar module manufacturer reports that Europe will likely replace the United States as its number one market, due to the recent introduction of the duties introduced by the Trump administration. Although quarterly revenue grew by around 2.5% year-on year, and net profit almost doubled from $17.6 million to $31 million, the outlook for 2018 shipments has been lowered by 400 MW to 5.6 GW to 5.8 GW.
Spanish inverter maker Ingeteam has reported a massive order to supply Mexican projects, which it claims will increase its O&M services to cover 55% of the countries solar PV installations. Supply contracts are mostly related to central inverters, although string devices, as well as LV/MV transformers, MV cells, and LV switchgear are also included in the deals.