The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
The solar manufacturer and developer was racing to sell off a significant chunk of its late-stage portfolio by the end of last month to rebound after assuring investors the losses registered in the first quarter of this year would prove to be a one-off.
Quasi-governmental body the CPIA has released first-half figures for the world’s biggest solar marketplace which show production volumes for export markets continuing to expand and the domestic picture set to rebound after public solar subsidy levels were published.
The Shanghai-based wafer, cell and module maker appears to be steering a steady course through a tumultuous period for the solar industry and its plans are another sign high-efficiency modules may soon have to do more to earn that label.
The Chinese manufacturer has embarked upon an upgrade of 1.5 GW of its module production lines which is set to be completed this year. Previously used to get around trade restrictions applied by the EU, the Thai facility will now produce output for the U.S. market.
With market penetration exceeding expectations in 2018, bifacial technology is set to account for one third of global solar module production by 2022, writes Edurne Zoco, Research Director at IHS Markit. Bifacial and half-cell technologies are rapidly gaining momentum due to their improvements in power output, along with their low implementation barriers and minimal capex requirements
There was plenty of innovation on display at this year’s SNEC, which closed yesterday afternoon at the Shanghai New International Expo Center. The three-day exhibition ran from Tuesday to Thursday, was well attended and still ranks as the world’s largest solar energy trade show.
In a conversation with pv magazine, REC vice-president for sales in the EMEA region Ivano Zanni describes the new strategy of the Norwegian manufacturer following the launch of its high-efficiency, half-cut mono n-type heterojunction module. REC expects annual production capacity for the panels at its factory in Singapore to increase to 600 MW by the end of next year, and that the company’s total capacity will reach 2 GW.
pv magazine recently caught up with Aaron Wu, executive vice president of Phono Solar Technology, the Nanjing-based PV manufacturer. Phono Solar is a bankable supplier, having achieved top tier status in 2014 and being part of SUMEC Group Corp., a diversified industrial group with over RMB 80 billion ($11.87 billion) in turnover in 2018.