As a first phase, Topaz Solar Private Limited has said it will set up a 500 MW solar PV module manufacturing facility in India’s northeastern state of Odisha. Production begin is aimed for 2019. It will seek to increase this capacity by another 700 MW, and add 500 MW of cell manufacturing under a second phase.
German PV equipment manufacturer, teamtechnik today announced that it has received an order for its TT1400 ECA stringer from an Italian PV manufacturer. The tool will be integrated into a line producing high efficiency heterojunction PV modules.
Company confirms Panasonic’s HIT modules to be fitted with Enphase Energy’s new IQ7X Microinverter as part of the partnership, while Enphase’s new IQ7X microinverter due to be released in May in North America, Enphase confirms.
Norwegian headquartered manufacturer, REC Silicon has posted revenue of $78 million for the fourth quarter of 2017, a 3.4% increase over the previous quarter’s $75.5 million. The company also increased its EBITDA to $10.3 million, up from $3.6 million the previous quarter.
Switzerland’s Meyer Burger to deliver and install its SmartWire Connection Technology at REC Group’s production facility in Singapore at the start of Q2, company confirms.
India is planning to impose a safeguard duty this year to protect its domestic solar manufacturing sector. Many in the industry earnestly believe that if such duties were to be imposed, then a slowing down in market growth would be inevitable. However, the Indian Solar Manufacturers Association (ISMA) believes this will not be the case. Either way, this duty has created unwanted uncertainty in the market.
Independent solar analyst, Corrine Lin believes that Longi’s plans to triple monocrystalline wafer production capacity to 45 GW by 2020 could trigger an oversupply problem in the second half of this year.
The Chinese vertically integrated solar manufacturer has set out a three-year roadmap, aiming for 28 GW monocrystalline wafer capacity by end of this year, 36 GW by the end of 2019, and 45 GW by 2020.
The latest analysis by current and former GTM Research executives argues that there is insufficient economic reason to manufacture solar in the United States.
The Lithuania-based manufacturer aims to increase cell capacity at its factory in Vilnius from 80 MW to 180 MW, and to open a new 60 MW module assembly factory in the Ukraine.
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