Modules & Upstream Manufacturing

Panasonic to close US ingot factory and eliminate 92 jobs

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.

JinkoSolar and Enphase collaborate on Eagle AC module

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 begins production of solar cells at Buffalo gigafactory

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.

Kazatomprom launches tender for sale of solar manufacturing units

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.

Gintech, Solar Philippines sign 200 MW cell supply deal

Taiwan’s Gintech Energy has signed the first phase of a 200 MW solar cell supply deal with PV manufacturer and developer Solar Philippines.

Hareon posts $76.07 million net loss in H1

Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.

China Singyes posts $12.3 million profit in H1

China Singyes Solar Technologies has recorded a profit of CNY 80.98 million ($12.3 million) in the first half of 2017, down roughly 75% year on year, as it connected just 58.5 MW of fresh PV capacity to the Chinese grid.

BYD posts $260 million H1 profit as solar sales sag

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 PV production ops to regain NYSE compliance

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 claims narrower profit of $31.3 million in H1

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.