New EU solar pricing proposal ‘divorces prices from reality’, says SolarPower Europe
Intended update for MIP by the European Commission’s DG Trade will set a pricing schedule for panels and cells on the European market that does not reflect market realities, trade body argues.
Analysis: 18 GW Q2 could drive China PV installs above 35 GW, data shows
Preliminary data from independent analysis of Chinese solar market suggests incredibly strong first half of a year that could end with an additional 35-40 GW of PV capacity installed.
JA Solar expects minimum disruption from cell fab fire, signs 50 MW supply deal
Fire at the Chinese solar firm’s Yangzhou cell facility raged for a few hours but was contained to old production lines. Production disruption is expected to be minimal. Company also confirms 50 MW module deal in Malaysia.
Interview: China’s Growatt talks markets, inverter service and storage
Felix Fang, Growatt’s Marketing Director, talks to pv magazine about the Chinese firm’s central and string inverter technology, global expansion, post-sales service and the growing importance of storage.
Singulus’ CIGS order from China cut to just €10m
The German tooling specialist confirms that an order received by an unnamed Chinese solar frim earlier this year has been reduced by half, down from €20 million worth of equipment to just €10 million.
China’s East Hope Group signs $300m MoU with Adani to build Indian manufacturing unit
The two industrial giants will develop a large fab at a port in the Mundra economic zone in Gujarat, which will manufacture solar power generation equipment as well as other goods.
Losses mount for ReneSola as firm pivots further downstream
The Chinese vertically integrated solar firm posted a Q1 net loss of $23.2 million and revenues of $156.6 million – down 32.5% and 39.9% sequentially and year-on-year respectively.
Yingli suffers Q1 revenue and shipment slump
The tier-1 Chinese solar company could only post $180m in revenue for the first quarter of the year, while module shipments of 370 MW were almost half the number shipped in Q4 2016. Cash position remains precarious despite staunching of heavy losses suffered last year.
JA Solar chief exec lodges revised takeover bid for company
Baofeng Jin, JA Solar’s CEO and chairman, and the Jinglong Group – a British Virgin Islands company of which Jin is the sole director – has applied to acquire all of JA Solar’s outstanding shares in revised update of 2015 takeover bid.
Canadian Solar holds firm in Q1 with slight profit and revenue increase
The Chinese solar company increased its revenue sequentially despite falling shipments having begun monetizing new power plants globally. Gross profit rose to $91.4 million.
