SolarCity drags down Tesla’s Q4 results
The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.
First Solar goes all in on Series 6
The company took a significant hit in its Q4 results due to restructuring and impairments, as it shuts down lines and orders tools for the transition to its Series 6 modules.
Hevel Solar completing pre-commissioning of 160 MW heterojunction fab, achieves 21.75% cell efficiency
Russia’s Hevel Solar has achieved 21.75% cell efficiency after upgrading to heterojunction (HJT) technology. Hevel says that its fab will have a capacity of 160 MW when completed.
Analysis: India’s domestic solar manufacturers facing tough climate, says Mercom
Assessment of the country’s PV manufacturing landscape by Mercom Capital Group finds series of challenges for domestic firms, including sustained low-cost competition from China, lack of scale and inconsistent support from government.
Centrotherm books €80 million in cell equipment orders in three months
German PV equipment supplier centrotherm booked a €45 million (US$48 million) monocrystalline solar cell equipment order today, bringing its total bookings for the last three months to €80 million ($85 million).
Jolywood breaks ground on 2.1 GW bifacial cell factory
Jolywood (Suzhou) Sunwatt will produce n-type monocrystalline bifacial solar cells at the plant in Taizhou, just to the north of Shanghai in China’s Jiangsu province.
GCL-SI signs Mexican distribution deal with DMSolar
GCL System Integration (GCL-SI) did not disclose the financial terms of the master distribution agreement, under which Guadalajara-based DMSolar will offer the Chinese PV maker’s components, as well as its GCL-P6/60 and GCL-P6/72 panels.
REC Silicon posts Q4 2016 revenue increase, expects strong H1 2017 for polysilicon market
The Norwegian silicon producer increased its fourth quarter revenues by $30 million on Q3, and forecasts rising demand for polysilicon in China ahead of the country’s July FIT decrease.
DSM acquires Chinese backsheet manufacturer Sunshine
The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.
Turkey delays tender of 1 GW solar plant by one month
Turkey’s tender for the flagship solar PV project with 1 GW of capacity has been postponed for one month. The government wants the plant to be built using locally manufactured content only.
