PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in July and August, 2016 highlight the industry fears over a new period of overcapacity across the supply chain after explosive growth plans announced in the first half of 2016.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) has reported first half year 2016 financial results wherein its grid connected PV Power plant capacity of 1,780MW is unchanged from the end of 2015.
Struggling former ‘Silicon Module Super League’ (SMSL) Yingli Green Energy is showcasing several niche solar module products at SPI (Solar Power International) on September 12-15 in Las Vegas.
China-based PV Manufacturer GCL System Integration Technology (GCLS) and downstream PV energy provider sister company, GCL New Energy (GCLNE) have both released strong financial results for the first half of 2016.
Solar wafer and module manufacturer ReneSola reported second quarter 2016 results impacted by a module end market demand slowdown in China and high polysilicon prices, while wafer ASPs decline, squeezing revenue and margins.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has reported second quarter 2016 financial results but has decided to not report a critical business metric, solar module (MW) shipments.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar exceeded PV module shipment guidance in the second quarter of 2016, partially driven by increased shipments to China. China became the largest contributor with external shipments growing 150.1% sequentially and 118.7% year-over-year. Quarterly module shipments were the second highest on record.
Array Technologies has launched it next generation DuraTrack HZ v3 solar tracking system for utility-scale power plants. DuraTrack HZ v3 offers unique features such as a single-bolt per module clamp and zero scheduled maintenance. This new version is designed to deliver a variety of efficiencies allowing faster installation times, elimination of scheduled maintenance costs and maximizes power plant up-time to deliver optimum LCOE (Levelized Cost of Electricity).
Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials said it at reached 900MW of monocrystalline PERC (Passivated Emitter Rear Contact) solar cell production at the end of the first half of 2016.
LG Electronics USA has started shipments of its flagship ‘NeON 2’ 72-cell solar panels in the US commercial and utility-scale markets. LG's N-type double-sided cell structure provides more energy with a 6.41- by 3.28-foot, footprint that comes in 365 to 375 watt ratings.
