Meyer Burger moves to calm shareholders
Meyer Burger’s new chairman has acknowledged that the outlook remains tense for Europe’s largest solar equipment supplier, but he is urging shareholders to support the company’s plan to reposition itself to focus on high-yield technologies and markets beyond China.
German thin-film manufacturer Solibro reportedly set to file for insolvency
Solibro GmbH is expected to make the move this month, according to a German media report. The company has yet to publicly confirm the move.
The Chinese solar market is changing shape
Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
China electric utility attracts record low module price in 3 GW procurement
The state-owned State Power Investment Corp Ltd has received a bid of 25 cents per watt for monocrystalline panels in a tender to procure 3.04 GW of PV module capacity.
Cell prices have tumbled again since early June
The latest figures show the solar policy vacuum, and related dearth of demand in China earlier this year accelerated price reductions for cell makers. Although prices are expected to rebound in line with renewed thirst for solar in China, cell makers such as Tongwei are feeling the pain.
Polysilicon prices to rebound in September
Average spot polysilicon price has crossed below the $8/kg threshold for the first time, according to PVInsights. Market analyst Johannes Bernreuter said, however, that the industry should not read too much into $8/kg as a historical threshold and that prices may rise again in September, driven by strong demand in the Chinese market.
Risen shines: Manufacturer starts work on 2.5 GW cell and module factory
The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.
Hanergy Thin Film set to lose crucial hydropower project stakes – which could be auctioned off to Hanergy Mobile Energy
Troubled thin film manufacturer Thin Film will see a 51% controlling stake in a hugely profitable hydropower project auctioned off after a move by creditors. Hanergy Thin Film owner Li Hejun’s Hanergy Mobile Energy business in China says it will be among the bidders.
Solargiga issues profit warning
The manufacturer has been unable to get its new mono ingot and wafer making facilities up to full speed and says the delay in confirming Beijing’s new solar policy this year also affected its bottom line.
Big news as Zhonghuan Semiconductor unveils 12-inch super wafer
The manufacturer says its Kwafoo product improves efficiency and, if used in the optimal p-type PERC type of panel, could boast a module output of 610 W.
