PV equipment supplier RENA technologies has secured its largest ever single order from a major PV manufacturer in Asia as part of the customer's new 15GW PERC cell capacity expansion plans.
Major merchant solar cell producer Aiko Solar may have increased first half year revenue 30% compared to the prior year period, but COVID-19 and solar cell average price declines, triggered by weak demand, sent net profits falling by 68% year-on-year.
Coming out of stealth-mode, US-based integrated PV panel manufacturing start-up, Violet Power intends to disrupt the PV industry with in-house production of high-efficiency IBC (Interdigitated Back Contact) solar cells. The company will use cell-to-module ‘flex circuit’ and thermal plastic encapsulant technology in a glass/glass configuration that will have a solar panel warranty of 50 years, more than three times the average in the industry, today.
PV inverter manufacturer Ginlong Solis has set new quarterly and half-year revenue figures as the company continues to expand its global footprint and string inverter product portfolio.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Major polysilicon and solar wafer producer GCL-Poly has reported a total loss for the first half of 2020 of US$281.8 million, due to a reduction of more than 50% in polysilicon production and record low ASPs (Average Selling Prices) on weak demand.
DSM Advanced Solar and Independent Power Producer (IPP) SolarKapital have achieved a 4% energy gain at a 500kWp PV power plant in Türkenfeld, Bavaria, Germany by deploying DSM’s retrofit Anti-Reflective (AR) coating technology on First Solar’s CdTe panels.
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member, LONGi Green Energy has defied the downward pricing pressure on its core wafer business and weak global demand, driven by the impact of COVID-19 on the solar industry supply chain to report record revenue, profit, and module shipments in the first half of 2020.
‘Solar Module Super League’ (SMSL) member Trina Solar has reported its first financial results since delisting from the New York Stock Exchange (NYSE) almost four years ago, starting with record first half year PV module shipments of 5,840MW, a 37% increase of the prior year period.
KSTAR has launched a new 1100V string grid-tied PV inverter with advanced features to support the adoption of high-performance bifacial modules and energy storage systems (ESS) for commercial & industrial (C&I) PV power plants designed to meet a wide-range of applications.
