Diversified renewables firm Shunfeng International Clean Energy (SFCE) has halted trading in its Hong Kong traded stocks as it prepares to submit an update to its protracted potential sale of its PV manufacturing operations, including Wuxi Suntech.
PV Tech has been covering analysis of R&D expenditures of PV manufacturers for over a decade. This blog anticipates some of the key trends set to be fully revealed in the forthcoming edition of technical journal Photovoltaics International.
China-based PV module manufacturer, Wuxi Suntech Power Co, has been ranked seventh highest in the latest Bloomberg New Energy Finance (BloombergNEF) ‘Solar Module & Inverter Bankability 2019’ report.
The PV industry roadmap - and related metrics of technology and bankability - are now being driven by leading module supplier, JinkoSolar, with others seeking to replicate Jinko’s product line options, trying to differentiate in markets that are receptive to low-cost alternatives, or focusing only on rooftop markets where volumes are lower and sales/distribution efforts are more intensive.
Diversified renewables firm Shunfeng International Clean Energy (SFCE) is close to an agreement to sell its manufacturing operations, which include Wuxi Suntech, as well as other international operations, including power plant monitoring firm, meteocontrol to reduce debts of RMB12,295.3 million (US$1.83 billion).
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) expects to report a loss in 2018 of approximately US$254 million, due to PV product ASP declines and impairment charges to its manufacturing operations.
We have tracked the annual R&D spending of 12 key publicly listed PV module manufacturers over the last 10 years. We present our new methodology with a broader scope which reveals record levels of investment in solar innovation.
Ahead of PV ModuleTech conference, Finlay Colville takes an in-depth look at the type of module companies that will be internationally known over the next 12-18 months.
China-based PV project developer GCL New Energy (GCL-NE), a subsidiary of leading clean energy conglomerate GCL Group announced that it had purchased PV modules from both Wuxi Suntech and Hanwha Q CELLS in order to meet Chinese FIT construction deadlines, instead of typically using sister company GCL System Integration’s (GCL-SI) PV modules.
