The Swiss PV equipment supplier posted the loss for 2019, citing increasingly fierce competition in China, and plans to continue a strategic realignment of its business with the options including the establishment of a European PV manufacturing operation.
The Norwegian solar manufacturer is readying the 72-cell version of its Alpha Series heterojunction module for the factory floor.
The first part of pv magazine’s review of 2019 considers Q1, when solar early adopter Italy offered an optimistic start to the year by fleshing out its plans for PV but uncertainty still clouded the world’s biggest solar market. The potential for household solar installations to rocket the world over – helped by ever cheaper panels – prompted strategic decisions in the inverter market and analyst expectations were confounded as the cobalt and lithium price plummeted, bringing the EV revolution a big step nearer.
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.
With competition on the module market as cutthroat as ever, manufacturers are increasingly looking to emphasize the quality and reliability of their products and services as a differentiator. pv magazine investigates what’s behind some of these claims, and the move from manufacturers to more sophisticated quality assurance methods.
The South Korean solar module maker has filed another claim with the Federal Court of Australia against Norwegian solar manufacturer REC Group, as well as PV distributors BayWa r.e. Solar Systems and Sol Distribution, for distributing products that allegedly infringe on its patents.
The Norwegian manufacturer said Hanwha Q Cells’ legal action in Germany has not started yet, and it will take all necessary steps to defend itself against patent infringement allegations.
At last week’s Intersolar Europe show in Munich, Norwegian headquartered manufacturer REC Group unveiled its latest module innovation, the N-peak series. The new solar PV modules will be the first to combine n-type, mono-cSi and half-cut cell technologies.
Norwegian headquartered manufacturer, REC Silicon has posted revenue of $78 million for the fourth quarter of 2017, a 3.4% increase over the previous quarter’s $75.5 million. The company also increased its EBITDA to $10.3 million, up from $3.6 million the previous quarter.
Switzerland’s Meyer Burger to deliver and install its SmartWire Connection Technology at REC Group’s production facility in Singapore at the start of Q2, company confirms.
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