Subsidy payment delays put northwest China PV projects at bankruptcy risk
An investigation by mainland China regulators has found that subsidy payment delays in the northwest region of Ningxia are putting PV projects at risk of bankruptcy.
Solar Frontier changes ownership
The CIS thin film solar module maker was taken over, together with its parent company Japan’s oil and gas group, Showa Shell Sekiyu, by Japanese oil refiner Idemitsu.
Chinese market turbulence affects another slew of PV employees in Taiwan
TSEC is planning to cut a fifth of its workforce as it changes focus to produce higher-efficiency PERC cells, against a backdrop of more generic products swamping the market because of a slowdown in the world’s biggest market.
Rural India offers a $50bn opportunity for clean energy innovations
The farming sector alone offers a potential $40bn marketplace, thanks to rice transplanting, pesticide spraying and grain harvesting – says the Council on Energy, Environment and Water thinktank.
Dutch battery maker signs agreement for €1.6bn Chinese gigafactory
Lithium Werks has ambitious plans for a global chain of utility-scale production lines that has secured the backing of the Netherlands government and PM Mark Rutte, as EU leaders contemplate a post-US trade future.
India added world’s second largest PV capacity in first half of 2018
The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China’s 24.3 GW.
URE gets $90m financial backing from Taiwanese government
Taipei will invest in the company through its National Development Fund and government-run glass manufacturer Yao Hwa Glass Co. Ltd.
Hanwha continues tidy up of solar business with Nasdaq delisting
Hanwha Q Cells’ New York-listed business unit will come back under the company umbrella early next year, with a separate merger between two further units of the Korean conglomerate set to consolidate its solar expertise in house.
Meyer Burger to lay off 100 workers and relocate most of PV business to Asia
There may be a much-vaunted ‘solar renaissance’ in the offing for Europe, but it hasn’t come quickly enough for the Swiss PV equipment supplier, which wants to handle most of its sales and services from China.
Daqo aims to slash polysilicon price as it forges ahead with production expansion
Deal negotiated with local electric utility for cheaper energy and a comprehensive modernization program will enable the poly maker to drive down production costs even more aggressively as it bids for market share in a swollen marketplace.
