China

Although the Chinese government has recently scaled back solar energy development, it has created a new, large, alliance to reach more foreign markets. In addition to focusing on the shipment of PV modules, it will also address financing, EPC and O&M services.

An uptick in global PV demand will occur in 2020, with China’s 30.5 policy directly affecting 2018’s results by around 18%, says GTM Research. Rapidly falling module prices will benefit predominantly Asian markets, where modules comprise the lion’s share of capex, although regions like Europe will see increased installations. Laying out 10 PV predictions, it anticipates, among others, intensified competition, lower bid prices, more technology neutral auctions and an increasing amount of subsidy free solar.

Chinese polysilicon producer Daqo New Energy says it maintained full production capacity in June, and reiterated its full year production guidance of 22,000-23,000 MT. The company’s Q2 financials show, however, sales volume and profits fell over the previous quarter, thanks to loss of demand in China.

While the duties make importing solar from China even more impractical, they are unlikely to have a significant impact on trade flows or on the U.S. market, with Chinese manufacturers outsourcing operations overseas.

Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned $3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.

A timetable has been set for the merger of three of Taiwan’s largest solar cell manufacturers, according to reports from the state-owned Central News Agency. The companies held separate board meetings last week and confirmed the transaction is set to be completed on October 1.

Huawei spoke to pv magazine in response to the latest allegations made by SolarEdge regarding the latter’s allegedly infringed intellectual property. Huawei is adamant it is one of the world’s largest owners of intellectual property rights and fully supports the protection of IP. The Chinese manufacturer denies the claims made by SolarEdge and points to its extensive IP and research and development (R&D) efforts to support its defense.

Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization.

Shanghai Electric’s move to take over GCL-Poly’s Jiangsu Zhongneng has fallen through because conditions are not ‘mature enough’. The development, announced this afternoon to the Hong Kong Stock Exchange, will be closely watched by the global solar industry.

The solar plant was commissioned last week in Ourique, southern Portugal. The project was developed by UK-based renewable energy company Welink and Chinese engineering services provider China Triumph International Engineering (CTIEC).