In the second quarter of 2017, the Chinese PV manufacturer shipped around 3 GW of solar modules. However, sales and earnings were not as high as shipments, due to lower selling prices. For the second half of the year, Jinko Solar is forecasting stable module prices and increased profitability.
Despite reports suggesting China’s anger at South Korea’s deployment of anti-missile defense systems has aggravated a slump in Korean solar imports, analysis of import data shows this not to be the case.
The agreement between the German metallization solutions company and the leading Chinese Tier-1 solar manufacturer will see the two companies jointly develop ‘Super PV Cells’ in what is the third such strategic partnership between them.
The Chinese solar manufacturer has been trying to find an agreement with its bond holders for more than two years.
The computer-based algorithm seeks to make the micro-grid work like a large power grid with inertia, thus improving its stability and reliability.
GCL-Poly Energy’s profit attributable to owners of the company fell 13% year on year in the first half of 2017 to CNY 1.19 billion ($181.3 million), as declining wafer prices offset gains made by its PV project business.
Panda Green Energy has recorded a profit of CNY 277 million ($41.9 million) for the first half of 2017, up 7% year on year, as it expanded its aggregate installed PV capacity by 468.1 MW.
Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.
Huadian Power International (HPI) has recorded a loss attributable to shareholders of CNY 181 million ($27.5 million) in the first half, despite revenue of CNY 36,423 million, up 24% year on year.
In another breakthrough for the material so many solar advocates hope will replace traditional silicon in module production, a group of scientists in China and the United States have produced the first monocrystalline perovskite cell, which could accelerate its acceptance as a silicon replacement.
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