The Japanese multinational will transfer its Panasonic Energy Malaysia unit to Chinese heterojunction module provider GS-Solar as part of a broader cooperation agreement. Panasonic’s solar R&D business will form part of a JV in Japan to be 90% owned by GS-Solar.
The company has reported declining revenues and increasing losses in its first-quarter update. A plan to reduce polysilicon production will begin in a week’s time and if access to the Chinese market is not restored, a complete shutdown could be in place by the end of June.
Flat Glass wants shareholders to back a $213 million convertible bond issue to provide the cash to raise its PV glass production capacity to 1.65 million tons per year. The company has already ramped up output so fast it is running short of funds.
With last year’s embarrassing manufacturing-linked capacity tender limping along, it has been reported the Indian government – whichever form it takes after the current elections – is considering another tender to incentivize the establishment of a domestic solar industry.
The back-contact solar cell is said to have a conversion efficiency of around 7%. According to researchers, the cell design includes the removal of expensive transparent conductive oxides.
The Chinese monocrystalline panel maker said its 72-cell bifacial product has reached an ouput of more than 450 W on the front side. The result was confirmed by Germany’s TÜV-SÜD.
Research by the University of New South Wales has examined the economic barriers, technologies and opportunities of recycling end-of-life silicon PV modules for profit.
Latest tirade may simply be a crude bid to up the ante with a high-profile Chinese deputation due to visit the U.S. in the latest round of trade talks this week but its timing is worrying for the Chinese solar companies struggling under huge debts.
Straining under a $2 billion debt mountain, the solar manufacturer is pinning its hopes on the proposed sale of its Jiangsu Shunfeng subsidiary to prevent it suffering the same fate as the original parent company of the Wuxi Suntech unit that makes up part of the Jiangsu division.
The superpower has always been seen as a fortress for oil and gas but positive signs are emerging from its renewable energy sector.
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