REC Silicon moves nearer shutdown of US polysilicon facility
The company has reported declining revenues and increasing losses in its first-quarter update. A plan to reduce polysilicon production will begin in a week’s time and if access to the Chinese market is not restored, a complete shutdown could be in place by the end of June.
IEA warning against stagnation of renewables
After two decades of growth, the amount of newly installed renewable energy capacity is no longer rising and, despite a 7% growth in electricity generation from clean energy sources, global energy-related carbon emissions have risen 1.7%.
Longi claims new record for bifacial half-cut module as production equipment orders pour in
The Chinese monocrystalline panel maker said its 72-cell bifacial product has reached an ouput of more than 450 W on the front side. The result was confirmed by Germany’s TÜV-SÜD.
Trump tariff increase to have limited effect on U.S. solar market
Most large manufacturers supplying the inverter market have diversified production outside of China, but this will affect Huawei and other Chinese inverter makers, as well as U.S. module makers.
Battery storage market will be worth $13 billion by 2023
Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.
Trump’s trade war tweets badly timed for Chinese solar manufacturers
Latest tirade may simply be a crude bid to up the ante with a high-profile Chinese deputation due to visit the U.S. in the latest round of trade talks this week but its timing is worrying for the Chinese solar companies struggling under huge debts.
How is Tesla selling residential solar for less than $2 per watt?
High-profile CEO Elon Musk has delivered on his promise to slash prices for residential solar. And the company’s reduction of prices to as low as $1.75/W after the federal tax credit is applied is likely a result of the move to online sales.
Enphase can’t keep up with demand
The US microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
Yingli reveals the full extent of its huge debt mountain
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.
US solar equipment supplier set to bank on Longi ambition
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.
