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Markets & Policy

Hanwha Q Cells improves profitability, but revises down 2018 shipment guidance

The solar module manufacturer reports that Europe will likely replace the United States as its number one market, due to the recent introduction of the duties introduced by the Trump administration. Although quarterly revenue grew by around 2.5% year-on year, and net profit almost doubled from $17.6 million to $31 million, the outlook for 2018 shipments has been lowered by 400 MW to 5.6 GW to 5.8 GW.

Photon: Insolvency proceedings underway on publisher’s assets

Insolvency proceedings have been opened on the assets of Photon Production GmbH, which was recently renamed RE Production GmbH. The proceedings were opened upon request of a creditor.

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Silver prices to fall by $4/toz by 2030, World Bank says

A recently published report on commodity markets published by the World Bank indicates that the recent decline in commodity prices for silver is likely to continue over the next 10-20 years. The looming trade dispute between the U.S. and China is impeding investor trust, as future outlook remains murky.

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SolarEdge posts 82% revenue growth, announces acquisition of Gamatronic

GAAP gross margin improved 4% year-on-year, while shipments grew by 345 MW in the most recent quarter. Through the acquisition of the U.S.-based UPS provider, the Israeli inverter supplier makes its first move outside of the pure-play solar sector.

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Panasonic, Tesla reveal plan to produce lithium batteries in China

Tesla’s batteries may soon be Made in China. The announcement was made by Panasonic CEO Kazuhiro Tsuga during a conference accompanying the company’s 2018 fiscal-year results.

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California’s solar mandate: Questions and answers

The pv magazine USA team attempt to answer some of the larger questions regarding California’s landmark mandate for solar on all new homes.

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French administration considers building solar plants on its own premises

In the recent work group organized by the French government along with all stakeholders of France’s solar industry, delivering more volumes to the market was highlighted as a number one priority.

Ecosummit Berlin Round Up: software solutions for the solar industry

The 2018 Ecosummit Berlin, a EU cleantech startup platform, focussed on smart green energy and mobility. Of the 99 speakers, 69 were startups presenting innovative solutions to a changing energy economy, catering to the needs of end-customers, developers and utilities alike.

Vivint Solar grows revenue on lower volume

The US residential solar power company continues its focus on higher profits, hinting at strong growth potential in coming quarters as sales teams settle into their new pipelines.

Turkey’s solar could pass 20 GW by 2026

In the most bullish scenario provided in a report published by Turkey’s Shura Energy Transition Center, solar is predicted to reach 30 GW of installed capacity by the halfway point of the next decade. The report’s most conservative scenario envisages around 6 GW.

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