BYD scores 180 MW order in Brazil
BYD has agreed to supply 180 MW of PV modules to Spanish developer Cobra for use in the Guaimbe project in the Brazilian state of Sao Paulo.
Irico posts $7.01 million profit in H1
China’s irico Group New Energy has recorded a profit of CNY 46.7 million ($7.014 million) in the first half of 2017, up roughly 43.9% year on year, as revenue from its PV business jumped 27% to CNY 592.5 million.
Audi, Hanergy unit to jointly develop PV for vehicles
German automaker Audi and California-based Alta Devices — a wholly owned subsidiary of troubled Chinese PV group Hanergy Thin Film Power (HTF) — have agreed to collaborate on thin-film solar research, with plans to exhibit a PV-integrated Audi prototype vehicle by the end of this year.
AECEA: China installations to surpass 40 GW in 2017
Based on new data from China’s National Energy Administration (NEA), Asia Europe Clean Energy Associates (AECEA) has raised its forecast for PV installations in China for 2017. AECEA now expects to see 40-45 GW installed in China before the year end.
JA Solar ships 2.14 GW of modules in Q2
Chinese crystalline module manufacture JA Solar shipped 2.147 GW of modules, and a further 167.2 MW of cells to external customers, as well as 74.5 MW to its own downstream projects. This makes JA Solar only the second company to exceed 2 GW in shipments for a single quarter.
India imposes antidumping duty on tempered glass from China
The Indian Ministry of Finance has imposed an antidumping duty on tempered glass imported from China in the range from $64.04 to $136.21 per metric ton.
Singyes Solar expects profit to narrow in H1
China Singyes Solar Technologies will likely post a sharply lower profit in the first half of 2017 than it did during the same period a year earlier, partly due to a lack of disposal gains on its solar projects.
Datang posts $81.2 million net profit in H1
China Datang Corporation Renewable Power’s net profit more than doubled in the first half of 2017 to CNY 541.77 million ($81.2 million), as utilization hours of its solar projects rose from from the preceding year.
GCL New expects H1 profit on 1 GW of capacity
GCL New Energy will likely post a profit of CNY 450 million ($67.4 million) in the first half of 2017, from a profit of just CNY 147 million a year earlier, as it connected 1.04 GW of new solar capacity to the grid.
BECE forecasts sharply higher H1 profit
Beijing Enterprises Clean Energy (BECE) expects its consolidated net profit to soar by 700% to 800% year on year in the first half of 2017, based on a preliminary review of its unaudited results.
