PV InfoLink has released its latest solar PV module shipment ranking for H1 2018. Chinese manufacturers continue to dominate the market, while monocrystalline module shipments increased sharply. Overall, it forecasts total PV demand of 83 GW in 2018.
The solar manufacturing equipment maker has posted an EBIT of US$15 million for the six-month period. It marks a return to profitability for the Swiss company, after major restructuring and cost optimization programs over the past 18 months.
In a preview of its half year financial results, Swiss equipment supplier, Meyer Burger has announced it is expecting a return to profit in the first half of 2018, recovering from a lengthy period of losses, including a major restructuring and the closure of multiple production sites.
Spain’s electricity grid operator, Red Eléctrica de España (REE) has announced that the country’s mainland covered almost half of its electricity demand in the first half of 2018 with renewable energies alone.
Despite the uncertainty caused by U.S. solar panel import tariffs, deteriorating trade relations between the U.S. and China, and the looming consequences of China’s PV policy change, the solar industry saw a 15% YoY increase in corporate funding in the first half of 2018, on the back of a Q2 rebound, finds the latest Mercom Capital report.
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