The first phase of the world’s largest floating solar array has been connected to the grid in China’s Anhui Province, according to developer Three Gorges New Energy Company.
Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
Following a consultation process with employees, Meyer Burger has announced 100 jobs will definitely go as part of the closure of its Swiss manufacturing site. Another 60 positions are dependent on strategic alternatives being found.
After announcing a record 22.71% conversion efficiency with its monocrystalline passivated emitter rear contact (PERC) solar cells in October, the Chinese solar manufacturer now claims it has achieved an 82.15% record bifaciality for the bifacial version of the same cell.
Tier-1 Chinese solar company trains sights on greater cost optimization and higher efficiencies with half-cell and bifacial technologies as it assesses capacity expansions for 2018 following a strong Q3 that saw the firm retain its shipment leadership position.
The Chinese group, which operates in the solar sector through its unit Huajun Ectricpower Limited, saw its solar segment achieve a turnover of RMB 545.7 million (US$82.4 million) in the first half of fiscal 2017.
The Chinese solar company has terminated the agreement to supply wafers to the U.S. producer after repeated failures by Mission Solar to purchase the required quantities of wafers outlined in the contract.
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
GCL-Poly Energy has revealed plans to sell off a stake in a subsidiary that is building a massive polysilicon plant in northwestern China, while injecting CNY 2.99 billion ($452.1 million) of fresh capital into another group unit to strengthen the competitiveness of its monocrystalline silicon business.
Inner Mongolia Energy Engineering (IMEEI) has agreed to acquire stakes in two companies that own operational PV projects in China for a total of CNY 484.6 million (US$73.25 million).