Another strong quarter for SunPower
An unusually profitable fourth quarter has anchored an even rarer profitable year for SunPower, bolstering growing confidence in its decision to spin off its module manufacturing business into Maxeon Solar Technologies.
Turkey cuts admin fee for rooftop PV systems
The one-off charge for PV systems with generation capacities of 10-100 kW will be almost halved. The fee levied on 100 kW-1 MW arrays will come down by 1-30.7%, depending on system size.
PV industry silver demand to fall slightly
Trade body the Silver Institute says silver demand in the solar industry will dip slightly this year but remain near to previous record highs. Silver paste consumption for PV has been reduced due to advances in metallization techniques.
New hold-up in GCL project business’ $155m asset sale
Shareholders planning to vote on whether to sell off 294 MW of Chinese solar capacity to Beijing-owned utility China Huaneng will have to wait a little longer to find out how.
Is this the end for Korean polysilicon?
The nation’s only two poly manufacturers could both shutter factories in their homeland due to downward price pressure. OCI says it will maintain only 6,500 MT of its 52,000 MT annual production capacity in an operational state and Hanwha Chemical says it is ‘examining the situation’. Poly analyst Johannes Bernreuter has discussed the reasons for the crisis with pv magazine.
Ganfeng Lithium affected by coronavirus but share price keeps on rising
The board of the lithium miner and refiner has revealed how the outbreak has hit its Chinese production after noting ‘unusual’ share price gains this week.
‘The battery of the future will not be limited to a single technology’
pv magazine has spoken to José Antonio Unanue, director of the battery energy storage system business at Ingeteam, the equipment integrator and manufacturer of the first grid-connected battery storage system in Spain, which electric utility Iberdrola launched in Caravaca de la Cruz, Murcia, at the end of November.
Panda Green taps shareholder for $11m, 18-week loan at 13%
The debt-saddled PV project developer appears to again be piling up credit lines as it awaits the outcome next week of its latest, $231 million Chinese state-backed bail-out.
Next2Sun Mounting Systems begins crowdfunding
The German start-up provides mounting structures for bifacial solar modules as well as PV systems which can be installed as a fence to enclose pastures. Next2Sun Mounting Systems is offering 5% annual interest over five years.
Parent company of Algerian module maker Condor reported to have filed for insolvency
The electronics manufacturer has a 130 MW capacity module production facility.
