Major polysilicon and solar wafer producer GCL-Poly has warned investors that it expects to make a net loss of at least RMB1.5 billion (US$217 million) for the first half of 2020 as market demand and other issues impacted profitability.
China-based PV module manufacturer ZNShine Solar plans to more than double its manufacturing capacity by 10GW over the next two years, focusing on large-area, high-efficiency modules to improve its competitive position.
‘Solar Module Super League’ (SMSL) member Trina Solar is planning its first major solar cell manufacturing expansion in recent years, driven by its migration to large-area PV modules using the 210mm wafer size as it ramps production of its high-performance mainstream ‘Vertex’ Series modules in 2021 onwards.
Major polysilicon producer Daqo New Energy expects polysilicon demand to outstrip supply for at least the next 18 months, due to the lack of new polysilicon capacity and strong demand as a growing number of ‘Solar Module Super League’ (SMSL) members continue to add in-house monocrystalline ingot and wafer production.
Trina Solar has launched its latest ‘Vertex’ solar panel series, designed with a new platform of technology innovations to provide ultra-high performance for utility-scale PV power plant applications with a path to 600W panels in 2021.
Ginlong Solis Technologies has launched its latest hybrid energy storage inverter across EU markets. The three-phase Solis-HVES (High Voltage Energy Storage) inverter has one of the highest conversion efficiencies on the market and is designed to maximise solar-plus-storage systems with its intelligent and fully integrated energy management system.
Major polysilicon producer Wacker Chemie has reported polysilicon sales of €152.5 million in the second quarter of 2020, a new low, due to weak demand and lower utilisation rates, resulting in losses of €35 million for its polysilicon division.
Pexapark has launched a ‘freemium’ version of its ‘PexaQuote’ software, which systemises quotes, builds forward curves, and analyses PPA prices to create certainty for developers, utilities, and corporates looking to close PPA deals.
Independent test lab, PV Evolution Labs (PVEL) has expanded its PV inverter reliability testing operations with a newly renovated South San Francisco laboratory to handle its PV Inverter Product Qualification Program (PQP) business and its PV Inverter Scorecard report that was first published in May, 2019.
Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar has achieved a record large-area N-type monocrystalline silicon solar cell conversion efficiency of 24.79%, independently confirmed by the Institute for Solar Energy Research in Hamelin (ISFH), Germany.
