GCL-Poly’s polysilicon sales fall 43% in Q1
The Chinese energy group’s external sales of polysilicon fell about 43.4% year on year to 1,896 metric tons (MT) in the January-March period.
CSun unit secures panel supply deal with SPIC
State Power Investment Corp. (SPIC) — one of China’s top five state-owned electricity producers — has named China Sunergy (Nanjing) as one of its qualified multicrystalline PV module suppliers.
Kong Sun’s PV generation soars in January-April period
The Chinese solar investment group said that in aggregate, its PV plants generated roughly 374.7 GWh of electricity in the first four months of 2017, up approximately 87.5% year on year.
Good news coming from India’s EPC companies
RaysExperts adds 30 MW to its Rays Solar Park in just 90 days, whereas Rays Infra Power makes it on to IHS Markit’s top 10 EPC companies list, outside U.S. and China.
Sky Solar posts $3 million net profit in 2016
Net income hit $3.3 million in the 12 months to the end of December, from a net loss of $1.6 million a year earlier, although the Hong Kong-based PV independent power producer recorded a net loss of $8.7 million in the fourth quarter, from $7.4 million in the final three months of 2015.
Indian solar imports surge, while exports plummet
New data highlight a major discrepancy between India’s solar import and export numbers in the first 11 months of the financial year 2016-17.
Taiwan confirms plan to reach 20 GW of cumulative solar by 2025
Taiwan’s new solar energy strategy envisages the deployment of less than 200 MW of new PV capacity over the next two years, and the achievement of 6.5 GW of cumulative PV by 2020.
NSP’s net loss narrows to $44 million in Q1
Neo Solar Power has posted a net loss of NT$1.3 billion ($43.7 million) for the first quarter of 2017, as weak demand in China weighed on orders.
Solar Frontier’s operating loss widens to $26.4 million in Q1
The CIS thin-film PV specialist has posted an operating loss of JPY 3 billion ($26.4 million) in the three months to March 31, from JPY 2.6 billion a year earlier. Net sales fell 41.3% on the year to JPY 22.2 billion.
Solar tariffs in India tumble to another new record low
The latest 500 MW tender by the Solar Corporation of India (SECI) drove the tariffs under INR 2.50 ($ 0.038), making solar cheaper than fossil fuel-generated power.
