News

Solar PV module market set to decline despite significant capacity addition by 2020

published: 2017-01-26 11:26

Solar Photovoltaic (PV) module annual installed capacity is set to increase gradually from 49.77 Gigawatts (GW) in 2015 to 69.86 GW by 2020, due to an increase in economies of scale, emerging technologies, and policy-based ... more

December Financial Report of Taiwanese Manufacturers: Increasing Market Demand in 4Q Leads to Revenue Growth Gap

published: 2017-01-25 17:55

Taiwanese PV makers’ revenue performance in December 2016 was not consistent to that in November 2016. Overall, cell makers saw significant increase in revenue, while wafer makers did not. Revenue in 1H16 has strong impact on the... more

Delta Partner Eltek to Power 104 Zimbabwe Hospitals with Solar

published: 2017-01-25 17:27

Taiwan-based electric device company Delta Group is expanding its solar services around the world. Its strategic technology partner Eltek, based in Norway, announced a contract with United Nations Development Programme (UND... more

Bankruptcy of Japanese Solar Companies Break Record in 2016 Due to Sluggish Market

published: 2017-01-25 17:09

Japan’s solar market has been shrinking since 2015, causing numbers of solar-related bankruptcy to reach a new record in 2016. Bad sale performance, failed business model and capital deficiency are the three major reasons f... more

Mitsubishi Electric Launches New TMEIC Inverter Solution

published: 2017-01-25 16:25

In a move to expand its existing transmission and distribution (T&D) utility business and strengthen relationships with power generation companies building photovoltaic projects, Mitsubishi Electric Power Products, Inc. will ... more

Recurrent Energy Signs 60MW Solar Power Purchase Agreement with SMUD

published: 2017-01-25 16:11

Canadian Solar’s wholly owned subsidiary and solar project developer Recurrent Energy announced a 20-year Power Purchase Agreement (PPA) for 60 MWac of solar power with the Sacramento Municipal Utility District (SMUD). SMUD will ... more

Amtech Wins Large Orders for PECVD and Bifacial N-type Platforms

published: 2017-01-25 15:26

Amtech Systems, a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets, announced fiscal year 2017 year-to-date order bookings through January 20, 2017 are approximately $84 m... more

ReneSola Secures RMB 3 Billion Fund over Next Three Years

published: 2017-01-25 15:18

ReneSola, a fully-integrated solar project developer and provider of energy-efficient products, today announced that it formed a strategic partnership with China Resources Leasing Co., Ltd., a subsidiary of China Resources ... more

China 13th Five-Year Plan Goal: 60GW DG Installation、23% Cell Conversion Efficiency

published: 2017-01-25 11:55

China’s National Development and Reform Commission (NDRC) officially released the full articles of the 13th Five-Year Plan, regulating the energy development roadmap and action plan from 2016 to 2020. For solar PV, the basic grid... more

Tongwei to Expand 5GW Ingot and 4GW Cell Capacities

published: 2017-01-24 18:13

Ever since the Tongwei Group entered the PV industry, the company started strategy deployment rapidly. The Tongwei Group announced on January 5th 2017 to build 5GW mono-Si ingot capacity with Trina Solar and Longi. Later on the 2... more

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