Longi plans two new production lines in China’s PV heartland
The solar manufacturer has revealed plans to invest around $875 million in production capacity for monocrystalline ingots, wafers and cells – and expects to raise a chunk of the cost with a shares issue this week.
GCL Poly subsidiary secures public backing for its operations in Xuzhou
A subsidiary of the poly maker and PV developer will commit more than $200 million of its cash to an investment fund which could then finance projects for one of its fellow GCL Poly Energy Holdings businesses.
India’s solar sector will outperform globally despite near-term challenges, says Fitch Solutions
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
The weekend read: Out with the old…
PV demand started weakly this year but will show an upward trend in the second half. Corrine Lin, chief analyst at PV InfoLink, examines supply and demand for polysilicon and predicts huge new capacities will come online in the west of China and shake up the market, spelling bad news for some international players.
India is lagging behind the EU on PV waste management
The opening of India’s marathon six-week election yesterday will bring policymaking to a halt but a prominent consultancy says the nation is trailing behind peers when it comes to guidelines for materials and recycling, and the lack of a viable business case for reusing materials doesn’t help matters.
AE Solar to open 500 MW European module factory in Georgia
The German panel maker said the new factory, which will add to its 525 MW facility in China, will expand its production capacity to 1 GW. With plans in the pipeline to enter the PV project business, that figure could rise to 2 GW by the end of next year.
Hanergy plans to roll out industrial park development outside China
The Chinese thin film giant has transformed itself into a solar manufacturing equipment supplier and is set to expand a strategy which sees affiliates help fund industrial parks which then generate orders for its thin film production lines.
REC Silicon raises $20 million through private placement
The polysilicon maker said it will use the funds to improve its liquidity situation until access to the Chinese polysilicon market is restored. It sold 254,381,870 shares, which corresponds to approximately 9.9% of its oustanding capital.
Taiwan becomes a GW solar market
TrendForce says the country deployed more than 1 GW of new PV for the first time last year, and predicts this year may see as much as 1.5 GW of new solar capacity. The nation’s cumulative capacity reached 2,618 MW at the end of last year, according to the International Renewable Energy Agency.
Tesla, GAF, RGS and now Hanergy: will solar roofs finally heat up this year?
Hanergy displayed the newest rendition of its 18.7% Thin Film Flat SOLARtile in Australia last week as it gears up for the U.S. and global product launch later in 2019.
