Solargiga swings to profits in 2017
China-based solar mono-Si wafer and PV module maker Solargiga Energy Holdings has reported consolidated revenues of CNY3,999.6 million (US$591.6 million) for 2017, growing 32.39% on year, and its net profit reached CNY107.5 million, swinging from 2016's net loss of CNY239.1 million.
SAS posts NT$1.80 EPS for 2017
Solar wafer maker Sino-American Silicon Products (SAS) has reported net EPS of NT$1.80 (US$0.06) for 2017.
As China has yet to disclose its policies concerning PV power generation and feed-in tariffs for 2018, the China Photovoltaic Industry Association (CPIA) estimates new installations for the year in the country will be 40-45GWp, decreasing 15.1-24.5% from 53GWp in 2017, according to media reports.
Gintech, Motech, TSEC report losses for 2017
Solar cell makers Gintech Energy, Motech Industries and TSEC have decided not to distribute any dividend for 2017, during which they all made losses.
Topco to construct PV power station for Taisugar
Semiconductor material distributor Topco Scientific has won a contract to build a PV power station for state-run Taiwan Sugar Company (Taisugar).
Taiwan-based PV supply chain, mostly consisting of solar cell makers, has been hit by fast falling prices despite increasing local demand.
PV module prices in the Taiwan market were originally 30% higher than international levels but the gap has narrowed to about 10% as local makers have lowered quotes, according to industry sources.
J&V to focus on PV power generation in Taiwan
J&V Energy Technology will channel its investment mainly in establishing PV rooftop systems and power stations in Taiwan through cooperation with New Green Power, an EPC (engineering, procurement, construction) contractor for PV power generation, according to J&V Energy chairman and founder...
China city selects PV power project undertakers
Baicheng City in northeastern China has selected project undertakers for five model PV power station projects, with the winning bidders' prices ranging from CNY0.41 (US$0.065)/kWh to CNY0.45/kWh, according to media reports.
Tatung completes PV power plant in northern Taiwan
Tatung has completed a PV power station on a restored landfill site in Taoyuan, according to the government of the northern Taiwanese city. The plant can generate electricity of 2.5 million kWh, equivalent to annual demand by 600 households.
GET turns profitable in 4Q17
Solar wafer maker Green Energy Technology (GET) saw its business swing into profitability in fourth-quarter 2017, posting net profit of NT$95 million and net EPS of NT$0.23.
Chailease runs PV module investment scheme
Chailease Holding is running a scheme allowing individuals to invest in PV modules of a rooftop system in southern Taiwan in return for net profits from electricity generated, according to a local newspaper.
Global PERC solar cell capacity to grow 50% in 2018
Global capacity for making PERC solar cells stood at 35GWp annually at year-end 2017, and will increase 50% in 2018, according to industry sources.
Taiwan reaches short-term PV installation target
Taiwan has installed PV capacity of 1,535MWp since it began a campaign to promote solar power in 2016, according to the Bureau of Energy (BOE).
Solar firms see February revenues drop
Solar cell makers Neo Solar Power (NSP) and TSEC, and solar waker suppliers Sino-American Silicon Products (SAS) and Green Energy Technology (GET) has reported February consolidated revenues decreased sequentially.
China sets tough requirements for PV production
China's Ministry of Industry and Information Technology has set stricter requirements for constructing new PV manufacturing capacities including upgrading existing production lines, with the rules to be implemented March 1, 2018, according to China-based media reports.
Solar cell makers Motech Industries, Gintech Energy and Tainergy Tech have all reported decreased consolidated revenues for February.
AcBel posts EPS of NT$0.60 for 2017
Taiwan-based power supply maker AcBel Polytech has reported net profits of NT$311 million (US$10.6 million) or NT$0.60 per share for 2017, when consolidated revenues decreased 9.9% on year to NT$17.8 billion.
China cancels PV power goals in some areas in 2018
China's National Energy Administration (NEA) has canceled plans to install total capacity of 2.2GWp in areas deemed temporarily unsuitable for setting up more PV power stations.
The India government will reportedly jam the brakes on plans of launching anti-dumping investigations into PV product imports from China, Taiwan and Malaysia, and of imposing safeguards tariffs on all imported solar cells and PV modules, according to industry sources in China.
Corning and AUO launch solar panel project
Corning and AU Optronics (AUO) have announced that they have agreed to collaborate on a solar power generation project in Taiwan that will provide enough electricity to meet the power needs of approximately 300 US households (1,000 Taiwanese households) a year, while significantly reducing carbon dioxide...
Career Tech to buy factory from Eversol
Flexible PCB manufacturer Career Technology has reached an agreement with Eversol to buy the solar wafer maker's factory in Taoyuan, northern Taiwan for NT$1.57 billion (US$53.6 million), according to the companies.
Tatung is showcasing in-house-developed smart energy systems, solutions and services at 2018 World Smart Energy Week in Tokyo, Japan, during February 28-March 2.
TSEC poised to produce PV modules
Solar cell maker TSEC has set up a PV module factory in southern Taiwan with trial operation at two production lines to begin soon, according to the Chinese-language Economic Daily News.
LONGi lowers solar mono-Si wafer prices
The largest China-based solar mono-Si wafer maker LONGi Green Energy Technology has lowered quotes by 5-6%, with pricing per wafer for overseas markets dropping from US$0.67 to US$0.63, according to industry sources.
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