China

The SEC filing lodged by the Chinese manufacturer today tells the tale of ever falling panel prices, production shutdowns prompted by cashflow crises and multiple legal claims from creditors, as the company warns it could face being broken up.

New York State-based Linton Crystal Technologies announced plans to bring its Chinese ingot production equipment business under one roof just hours after its major customer outlined its intent to manufacture even more monocrystalline panels.

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.

The new manufacturing facility will be located in Leshan, in China’s Sichuan province and will produce monocrystalline wafers. It will raise the group’s wafer capacity to around 11.5 GW. Meanwhile, large supply deals are said to have come from markets including Vietnam, Mexico and Spain.

The world’s number one monosilicon module maker is not intending to give up its crown any time soon, and has announced further plans to expand its already huge annual production capacities for ingots, wafers, cells and modules.

The two power companies, who worked together on the 700 MW concentrating solar power phase of the Mohammed bin Rashid Al Maktoum Solar Park, have reportedly agreed to develop power generation and desalination projects along the route of China’s new Silk Road.

Details have finally emerged about when independent investors will decide whether to wave through a deal to transfer their stock into a special purpose vehicle for relisting the Hong Kong unit on the Chinese A-share index.

A U.S.-Chinese research team has discovered that carbonyl groups in caffeine can increase the efficiency of perovskite solar cells from 17% to 20%. The peculiar molecular structure of caffeine is said to be a good match for the precursors of perovskite material compounds.

Lower prices for polysilicon, combined with higher energy costs, pushed Wacker Chemie’s operating result for the first quarter of 2019 more than expected. However, the German company remains committed to its original annual forecast for 2019.

Loan defaults have brought business at the solar goods maker and EPC to a halt and a lack of progress reports on its formerly lucrative project contracts means there is no immediate prospect of seeing the company’s 2018 figures.