Revenue for the polysilicon maker’s solar materials segment fell almost 70% on the previous quarter, and the company reports its Moses Lake, Washington facility is running at only 25% capacity.
In August, REC started manufacturing its newest flagship solar module: the REC330NP in the N-Peak Series, offering 19.8% efficiency at 330 watts. Its 60-cell format is practically two modules in one, building on the company’s two decades of accumulated manufacturing competency.
The analytics firm expects the price of mono-PERC modules to fall to $0.37 per watt by the end of the year, despite the 30% Section 201 tariffs.
The company has stopped operations, and says that it is installing tools to increase its U.S. module manufacturing to 500 MW per year, while moving to all mono, half-cut cells and five busbars.
Researchers at the University of Amsterdam have found what they describe as conclusive evidence that perovskites feature “efficient carrier multiplication,” effectively increasing the single layer efficiency limit from 33% to 44%.
According to a Q3 report by EnergyTrend, monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China, and the global solar market, with more merger deals, plans for capacity reductions, and even factory closures.
pv magazine walked the floor at SPI 2018 seeing many well known faces, and known products, plus new names bringing new ideas.
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