REC Silicon posts revenue increase for Q4 2017
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.
REC Group selects Meyer Burger’s SmartWire technology for Singapore fab
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.
The weekend read: Foggy days ahead for Indian solar
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.
Analysis: Longi mono wafer expansion plans could yield H2 oversupply
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.
Longi to triple wafer capacity to 45 GW by 2020
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.
Kann, Shiao: No US “manufacturing renaissance” due to solar tariffs
The latest analysis by current and former GTM Research executives argues that there is insufficient economic reason to manufacture solar in the United States.
Solitek to expand cell and module capacity
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.
EU, China request consultation with US over solar tariffs, WTO filing shows
Following the introduction of 30% graduated tariffs on imported solar modules into the U.S., the European Union and China have joined South Korea and Taiwan in filing a complaint with the World Trade Organization.
Mission Solar to double US solar module manufacturing
The expansion to 400 MW will make Mission the fourth-largest PV module maker in the U.S.
Daqo polysilicon order book reaches 90.2% on Chinese demand
The Chinese polysilicon supplier reveals that its order book is 90.2% filled as of the end of January, in response to surging demand among Chinese solar firms.
