Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
The German inverter maker struggled after China’s announcement at the end of May drove down prices and markets around the world and left a clear mark on its figures. Both the commercial PV segment and the storage business fell short of expectations due to delivery bottlenecks.
The global market stagnated last year, with around 98 GW deployed. For 2019, the experts expect stronger solar growth, provided there are no setbacks in China.
The deal foresees 3,500 employees from both companies joining the unit, as well as equipment and production facilities to be used to improve battery technologies and develop next-generation solutions.
Economics graduate Xie Yi is the daughter of shareholder He Bing, whose BVI-registered Asia Pacific Energy and Infrastructure Investment Group Ltd are preparing to acquire a 6.49% stake in the enlarged business, on top of He’s existing holding.
Quality assurance provider PI Berlin has found the solar industry has made significant improvements to module quality in the past six years and that, perhaps surprisingly, manufacturers in China and South East Asia are setting the standard by producing higher quality modules, on average, than other regions.
Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.
With a $3bn debt pile, gearing of 73.1% and $127m due for repayment in around three months’ time, the directors of the former United PV Group want shareholders to dilute their investment by issuing shares worth more than 40% of an enlarged company, with a chunk of the proceeds coming from public funds.
The world’s biggest solar market reached a cumulative installed PV capacity of 174.63 GW at the end of last year.
The Taiwanese market research company has published its latest price trend data for PV modules, cells, wafers and silicon. Across the value chain, rising demand is causing stockpiles to dwindle and utilization rates to rise. Prices are rising in China as well as for high-efficiency products. Module prices have stabilized.
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