Canadian Solar suffers $129m reversal in quarterly fortunes
With figures at the end of last year boosted by profitable PV project sales, the manufacturer and developer is now nursing unflattering comparisons and aims to get more projects built and sold by the end of next month.
India’s solar industry digests prime minister’s latest landslide victory
With Narendra Modi’s government stunning pollsters with another huge win, the solar industry expects renewable power momentum to be maintained with steps including anti-dumping duty on solar module imports, a national policy for rooftop solar and an emphasis on easing private-sector participation in the power sector.
Protectionist measures working as Chinese export destinations shift
While the world’s biggest solar manufacturers are confident there are plenty of alternative markets for a rising volume of panel exports, the message spelled out by first-quarter shipment figures is that protectionism works.
US brings Turkish PV modules under Section 201 tariff regime
U.S. President Donald Trump has removed Turkey from the list of developing nations that are exempted from Section 201 tariffs on PV cells and modules.
US-China trade war may lead to dumping of Chinese steel into India
The contraction in Chinese trade flows to the U.S. is likely to result in the dumping in India of Far Eastern electronic and electrical components as well as steel, iron, chemicals and plastic products.
Daqo raises margin by doubling down relentlessly on costs
The Chinese polysilicon producer appears to be navigating a steady path to much bigger output without loading too much debt onto its shoulders – no wonder it feels able to cock a snook at its rivals.
Little benefit to US solar as Trump lifts Canadian steel and aluminum tariffs
While the lifting of any tariffs is welcome news to the U.S. solar industry, manufacturers say low materials prices are unlikely to return as long as protectionist measures elsewhere remain in place.
Grim news for REC Silicon as U.S. raises trade war tariffs to 25%
With the deadline set by the Trump administration for avoiding a rise in further penalties on Chinese imports having passed without resolution last night, the Ministry of Commerce in Beijing reportedly warned of countermeasures, a threat which will raise fears among members of the Norwegian firm’s U.S. workforce.
REC Silicon moves nearer shutdown of US polysilicon facility
The company has reported declining revenues and increasing losses in its first-quarter update. A plan to reduce polysilicon production will begin in a week’s time and if access to the Chinese market is not restored, a complete shutdown could be in place by the end of June.
Trump tariff increase to have limited effect on U.S. solar market
Most large manufacturers supplying the inverter market have diversified production outside of China, but this will affect Huawei and other Chinese inverter makers, as well as U.S. module makers.
