The slump of polysilicon price has initiated since late August as buyers buying power has been significantly hampered due to slashed downstream demand and prices that they could not bear with high-priced raw materials and threaten to cut more polysilicon procurements. A previous attempt to sustain polysilicon prices in China has failed and the polysilicon suppliers in China have lowered price drastically in order to lessen its piled-up inventories as well as to secure limited orders. Moreover, as the quarterly financial accounting process closes at the end of September, polysilicon suppliers are having compounded pressures to dump excess stockpiles, pushing down polysilicon prices further.
ATI will be joining solar industry leaders in Las Vegas next week
Ballard Power Systems today announced the signing of a purchase order from Shenzhen UpPower Technology Co., Ltd., a leading fuel cell bus systems integrator in China, for the supply of 10 FCveloCity®-MD 30-kilowatt fuel cell power modules.
Edisun Microgrids Launches PV Booster™ Solar Tracker to Transform Economics of Commercial and Industrial Rooftops
Breakthrough technology yields 20 percent better economics than conventional fixed-tilt installations
E4TheFuture, a leading nonprofit focused on clean, efficient energy solutions, announces the completion of its core team with the hiring of two senior staffers: Director of State Policy Susan Buchan and Director of Clean Energy Valuation Julie Michals.
kWh Analytics Raises $5 Million Series A, Launches New Insurance-Backed Production Guarantee to Make Solar Bankable
The new product, called PowerLock, increases equity returns of solar projects by up to 50 percent and is backed by Standard and Poor's "A" rated global insurance carriers
BayWa AG, Munich, through its subsidiary BayWa r.e. renewable energy GmbH, acquired the photovoltaic distributor Solarmatrix based in the West Australian city of Perth and thus enters the solar module and components business in Australia. The activities of Solarmatrix will be continued with the company BayWa r.e. Solar Systems Pty Ltd. formed specifically for this purpose.
Ballard Power Systems today announced the next step in its China strategy with the signing of a Memorandum of Understanding (MOU) with strategic partner Zhongshan Broad-Ocean Motor Company Limited having a goal of producing fuel cell modules for use in buses and commercial vehicles in select cities and regions in China.
Polysilicon prices start to collapse obviously this week, particularly the price in China with more than 4% drops. The scope of polysilicon price correction was not enough, in contrast to the downstream components in August, leaving the stockpiles continues to pile up over the period as the trading were less active. However, as entering into a quarterly financial end in September, the increasing inventory pressure compound by sluggish downstream demand and slashed wafer prices eventually compromise Chinese polysilicon suppliers on adjusting prices quotes down dramatically. On the other hand, polysilicon prices out of China also extend the slump this week, but the price corrections are less noticeable than in China since the price baseline is much lower than that in China. As the result, without seeing any sign of global demand recovery that could possibly alleviate serious global supply glut soon, polysilicon supplier are forced to provide more price discounts in order to lessen the stock levels .
Research into perovskites looks beyond material's usage for efficient solar cells
Baker Electric Solar has designed and installed a 167.265kW rooftop solar system for Meziere Enterprises. Energy cost savings projected at 60 - 70% annually.
GE Joins With the MIT Energy Initiative to Develop Advanced Technology Solutions for Transforming Global Energy Systems
GE commits to a five-year, $7.5 million membership with MIT Energy Initiative (MITEI) GE will become a Sustaining Member of the MITEI and participate in MITEI's Low-Carbon Energy Centers Furthers GE's commitment to the Boston area and expertise focused on solutions to carbon reduction
As shareholders in Scotrenewables Tidal Power Ltd, DP Energy congratulates the Scotrenewables team on the imminent installation of their SR2000 turbine which is undergoing final commissioning checks prior to beginning testing at the European Marine Energy Centre (EMEC) off the coast of Orkney.
National Thought Leaders to Present on Clean Energy Issues & Trends During IREC's 3iForum at Solar Power International in Las Vegas
This year's 3iForum - Information. Insight. Innovation. - includes four 30-minute sessions from IREC's independent solar thought leaders, Tuesday, September 13 from 11a.m. to 4:30p.m.PT in the SPI Industry Trends Booth, #171 in the Las Vegas Convention Center.
The 8th RENEXPO® INTERHYDRO conference from November 24 -25, 2016 at the Conference Center Salzburg (Messezentrum Salzburg) aims to further contribute to the continued growth throughout Europe.
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