Daqo reports revenue, profit decline for Q3
Despite a considerable increase in polysilicon sales, the Chinese manufacturer saw its turnover decline 7.5% year-on-year in the latest quarter.
Taiwan’s URE handed $335 million syndicated loan
The Taiwanese solar manufacturer secured the funds from a consortium of banks formed by First Bank, Taiwan Cooperative Bank, Mega International Commercial Bank and CTBC Bank.
The weekend read: Coating puts busbars back in the game
In late September, Heraeus launched its Selectively Coated Ribbons (SCR) technology. The product will be rolled out in partnership with ribbon supplier Ulbrich. Delivering a 1.9 W power output boost without any equipment investment and with few process changes, Heraeus’ Toralf Eggert and Ulbrich’s Peter Berghofer claim SCR will make conventional busbars competitive with unwieldy multi-busbars.
Longi sets new PERC module efficiency record
Chinese monocrystalline manufacturer Longi Solar Technology has broken its own record for PERC module efficiency, reaching 20.83% in independent testing conducted by TÜV Süd.
Enphase sold out into 2019, margins way up, projections bright
Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.
Singulus doubles up on CNBM production equipment order
A day after signing a 300 MW production capacity deal with the building materials company, the German company has announced exactly the same order – with the same customer – for a facility elsewhere in China.
Indian PV procurement leapt to 3 GW in October figures
Developers gave short shrift to warnings about depreciation, protectionism and tax headwinds as tendering and auction figures soared, but shied away from tough price caps set for the Solar Energy Corporation of India’s procurement exercises.
Chinese manufacturer prepares to raise $434m through bonds
The polysilicon, PV wafer and module and inverter maker has arranged a second EGM of 2018 to seek permission for two bond issues, as its peers scramble to raise their manufacturing capacities.
Singulus signals 300 MW production equipment order as Chinese dragon roars again
Predictions of the imminent demise of Chinese solar demand due to the reining in of subsidies have not stopped manufacturers ramping up production capacities. German equipment maker Singulus is among the suppliers to benefit from a renewed confidence in the Far East.
India’s 10 GW solar tender amended again – but deterrents remain
While the timelines for PV plant execution and completion of the manufacturing facilities required by the tender are now more realistic, production obligations – especially related to capacity utilization – need to be revisited.
