The Chinese project developer expects quarterly revenue to be higher by up to $15 million, and solar module prices to drop significantly in the second half of the year.
The solar superpower’s departure from its ambitious PV targets has shaken the industry and put a dampener on share prices. Analysts from U.S. investment bank Roth Capital expect a module oversupply mountain of more than 30 GW as a result of the policy change.
On Friday, three Chinese government ministries issued a joint “2018 Solar PV Power Generation Notice.” Its impact has been hotly debated since, with two key conclusions: the largest market segment – utility-scale PV – will take a pounding and not come close to last year’s record installation figure of just under 34 GW; and the expanding distributed generation market segment, which rose 360% from 2016 to 2017, will also be severely impacted by a 10 GW cap on new projects.
Energyra promises to be a lot of things: the first module maker to bring production back to the Netherlands; a manufacturer relying entirely on Made in Europe equipment and Dutch back contact solar cell technology; and a start-up betting on quality, innovation, automation, as well as high performance modules. pv magazine visited the company’s factory in Zaanstad, to get more detail on this ambitious project.
Talking to pv magazine, Andrea Viaro, head of technical service Europe for JinkoSolar, explains how the Chinese manufacturer is dealing with PID degradation.
The $16.4 million contract relates to the supply of raw material towers and cold-hydraulic heat exchangers for an upgrade project by the Chinese polysilicon manufacturer.
Cheap-to-produce OPV are the focus of research and although the struggle to get beyond 13% efficiency has hindered commercialization, organic PV can be made translucent, making it potentially ideal for applications such as PV-generating windows.
The annual SNEC photovoltaic power expo 2018, in Shanghai, closed yesterday after the 12th edition of the world’s biggest PV exhibition. Reflecting the rapid development of China’s PV industry, the scale of SNEC increased from 15,000 sqm at the first exhibition to 180,000 sqm last year and 200,000 this year – a 10% year-on-year increase. Preliminary figures show more than 220,000 visits to this year’s edition, with more than 5,000 industry professionals attending the expo and series of high-level conferences.
At the end of the week the production line of the insolvent German PV manufacturer will be closed down. Its insolvency administrator wants to continue paying salaries until the end of September, as he sees good prospects for the acquisition of Solarworld’s cell production facilities.
The South Korean group will start construction of the factory, in Whitfield County, Georgia, this year, with completion slated for 2019
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