CW Enerji to build 420 MW module factory in Turkey
The Turkish company, which has invested an initial $26.6 million in the manufacturing facility, hopes to raise its annual capacity to 1 GW
Hanwha Q Cells improves profitability, but revises down 2018 shipment guidance
The solar module manufacturer reports that Europe will likely replace the United States as its number one market, due to the recent introduction of the duties introduced by the Trump administration. Although quarterly revenue grew by around 2.5% year-on year, and net profit almost doubled from $17.6 million to $31 million, the outlook for 2018 shipments has been lowered by 400 MW to 5.6 GW to 5.8 GW.
Demand for silver in global PV industry rose 19% in 2017, says Silver Institute
Approximately 76% of silver demand in the solar PV industry was used last year in frontside pastes, while the remaining 24% was used in backside pastes. Comoditization, however, is having detrimental effects on producers’ margins.
EkoRE plans 1 GW vertically integrated PV factory in Turkey
The Turkish solar company is planning to set up the manufacturing facility in the Bor Organized Industrial Zone (OIZ) of Niğde, in Central Anatolia. After the project was accepted under a special incentive program by the Turkish government this week, EkoRE is now seeking investors.
SolarWorld keeps shipping modules
Production is ongoing, despite the solar PV manufacturer’s recently announced insolvency proceedings. Starting this week, solar modules will be delivered to customers in France, Kuwait, Japan, Sri Lanka and Germany. SolarWorld is also seeking new investors.
Shunfeng trims net loss, improves sales
The Chinese PV manufacturer shipped 3.85 GW of solar PV products last year, including 37.6 MW of wafers, 1,346 MW of solar cells, and 2,475 MW of PV panels. China was still the company’s largest market, accounting for 74.9% of total sales.
Zergoun Green Energy to open 180 MW module factory in Algeria
The Algerian manufacturer will distribute its modules mainly to the Algerian market, but also in other African countries, including Senegal, Ivory Coast and Benin.
Jabil closes 700 MW solar module factory in Poland
The company, which was one of Europe’s largest OEM module manufacturers, has decided to close its Polish manufacturing facility, due to an expected drop in demand.
Russian companies plan vertically-integrated monocrystalline module factory
The manufacturing facility is planned to be built in Russia’s Astrakhan region thanks to an investment of 1.5 billion RUB (around US$26.5 million).
Longi doubles Indian solar manufacturing plans to 2 GW
Longi Solar has upgraded its Indian project, and now aims to establish 1 GW of manufacturing capacity for monocrystalline cells and modules, respectively, at its fab in the state of Andhra Pradesh.
