Longi signs $540m wafer supply deal
The contract figure is based on today’s mono prices and equates to almost 20% of the revenues seen in 2018. The supply deal is the second big order the company has secured in 12 months.
Meyer Burger seals $100 million HJT order, expects to hit break-even in first half
Swiss equipment supplier Meyer Burger has signed a contract to supply heterojunction cell manufacturing equipment to an unnamed North American manufacturer. The company also posted its preliminary results for the first half, posting a $14 million EBITDA loss but stating it expects to break even for the period after selling its wafer business.
Sunowe’s trial for solar panel smuggling in Germany: customs must bring evidence
In the fall of 2017, German customs had revealed a “fraud cartel” around the Chinese photovoltaic manufacturer Sunowe, which is said to have circumvented the applicable minimum import prices. Among the arrested suspects was a local politician, which drew significant attention to the case. This year, the trial started in the spring, but suspension came at the beginning of July when the customs office did not provide evidence in time. A restart of the trial is expected this winter.
Solar panel demand expected to reach 125.5 GW in 2019, TrendForce says
According to the Taiwanese market research company, PV panel demand will increase by 16% over 2018 shipments. TrendForce also believes this growth trend will continue in 2020.
ClearVue inks solar strip module supply deal with BeyondPV
Western Australia-based solar glass developer ClearVue has signed a deal with Taiwanese thin-film solar module manufacturer BeyondPV to set up a dedicated production line for solar strip modules at its production facility in the city of Tainan.
REC Silicon lays off 100 workers at U.S. facility
Norwegian headquartered polysilicon manufacturer REC Silicon has announced that it will lay off another 100 workers at its Moses Lake facility in the western United States, as the factory heads into long term shutdown.
Tunisian module maker Ifrisol to increase capacity to 750 MW
The manufacturer plans to add 350 MW of manufacturing capacity at its two sites in Tunisia by next year. The ramping up is due to new orders from India and other foreign markets.
Grid data transparency vital to making the case for renewables in Vietnam
With a glut of solar capacity having come online this year, cheaper financing would help keep some of that momentum but policymakers cannot be persuaded of the economic benefits of clean energy unless state-owned utility EVN opens up.
Has solar lost its sheen for India’s EV push?
While the nation’s recent Union budget announced steps to create an electric vehicle market, the solar sector still has issues that have not been addressed.
Miasolé sets new flexible CIGS efficiency record
U.S. based Hanergy subsidiary Miasolé has achieved a record 17.44% conversion efficiency for a large area flexible CIGS module. The record has been confirmed by the Fraunhofer Institute for Solar Energy Systems.
