Chinese duties on polysilicon imports from EU have expired
The Chinese Ministry of Commerce has announced that antidumping and countervailing duties imposed in 2014 on polysilicon imports from the European Union will not be further renewed.
SunPower still swinging in Q3 results
The high efficiency PV maker is still chasing elusive profitability, but had some major successes this quarter and is optimistic about new technologies and opportunities.
GCL Poly expands capacity of new polysilicon factory
Chinese polysilicon producer GCL-Poly Energy Holdings yesterday announced plans to increase the production capacity of its new factory, currently under construction in Xinjiang, China, to 60,000 metric tonnes (MT) per year. Accordingly, the company expects total investment in the project to increase to around $862 million.
Asian market to see 355 GW of solar over five years, despite policy challenges
Despite political hurdles in key markets including China, India and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
REC Silicon posts loss for second quarter running amid poly market slump
The Norwegian polysilicon producer posted an EBITDA loss of $6.1 million for the third quarter of 2018, as it continues to struggle with low demand and prices. Revenue for the company’s solar materials segment fell almost 70% on the previous quarter.
Northvolt to open battery assembly plant in Poland
Swedish battery supplier Northvolt has announced plans for a manufacturing plant in Gdansk, Poland. The company says that the plant will have an initial capacity of 10,000 battery modules per year and will begin production in 2019.
Subsidy windfall helps GCL Poly eat into debt mountain
The Chinese manufacturer – which is gambling on a big rebound in global appetite for the raw material for PV panels materializing soon – will devote all of its $143m solar subsidy income to paying off a daunting amount of borrowing.
The reasons India’s 10 GW solar tender will not attract big developers
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
Hanergy Thin Film to return to China listing ahead of results of inquiry
The Hong Kong-based thin film manufacturer’s parent company may not be able to deliver mammoth panel orders on time, but looks set to arrange a HK$5/share deal to take the troublesome unit back in house and list it on the A-share index, in a move which will come as a relief to shareholders stuck with its stock since May 2015.
Revenue and EBIT increase for Singulus in Q3
Singulus saw improvements to both its sales and profit in the third quarter, and confirms it is on track to meet its forecast figures for the full year.
