In its announcement, the company cited “business conditions in [its] part of the solar industry” as the reason for the closure, making it the second Oregon solar company to announce a closure in the past month.
The module and microinverter giants have worked together to introduce a new AC module comprising Enphase’s IQ6 microinverter affixed to JinkoSolar’s mono PERC modules.
Tesla described the test production as an “interim milestone” and told AP that it expects to begin ramping production by the end of the year.
The Kazakh state-owned national atomic energy company will start receiving bids for the acquisition of its three solar manufacturing subsidiaries on September 8. Purchase price was set at around $14 million.
Taiwan’s Gintech Energy has signed the first phase of a 200 MW solar cell supply deal with PV manufacturer and developer Solar Philippines.
China’s BYD has recorded a profit attributable to owners of the company of CNY 1,723 million ($259.8 million) for the first half of 2017, down 23.8% year on year, as revenue from its PV and rechargeable battery business slid 15.8% from a year earlier.
ReneSola may sell off its indebted polysilicon, wafer and PV module production businesses to regain compliance with the listing standards of the New York Stock Exchange (NYSE).
Hanergy Thin Film Power (HTF) has reported an unaudited net profit of HK$244.8 million ($31.3 million) in the six months to the end of June, down roughly 70.2% from the preceding year, as revenue edged down 13.4% on the year to HK$2.9 billion.