China

LONGi to supply $600 million in modules to the U.S. market

The Chinese ingot, wafer cell and module giant has signed a significant sales contract for the shipment of solar PV modules to an unidentified customer in the United States.

Module prices continue to fall

The latest reports from analysts at PV InfoLink and EnergyTrend show prices continuing to fall, though at a slower rate than was immediately seen after China’s 31/5 announcements. High efficiency mono-PERC modules fell to around $0.32/W, while multicrystalline module prices held steady at between $0.26 and $0.29/W.

BMW, Tesla open factories in China in spite of trade dispute

In the wake of the U.S.-China trade dispute, the Chinese government has loosened its policy on ownership caps for factory sites for foreign car brands. Previously, car companies could only retain 50% of the ownership of a factory and had to set up a joint venture with a Chinese partner. By setting up shop in China, Tesla can avoid import duties on its cars, to cater to a broader customer base.

Mixed impact of proposed Section 301 tariffs on inverter makers

GTM Research says the 10% tariffs that the Trump Administration is calling for are “significant”, and some companies and sectors will be affected more than others.

Trump Admin proposes 10% tariffs on inverters, AC modules, non-lithium batteries from China

As the trade war escalates, inverters may be the latest victims.

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Global solar investment drops due to low project costs, China policy change

While overall global investment in clean energy saw a decrease of just 1% year-over-year in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg New Energy Finance. It forecasts this trend to continue throughout the year.

REC Silicon lays off 40% of US workforce, reduces production

The Norwegian polysilicon maker has announced that it will today lay off around 100 employees from its Washington plant and reduce production, as a “direct result” of the trade dispute between the United States and China.

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Monocrystalline solar prices fall

The latest figures from Taiwanese analytics firm PVInsights shows that prices for monocrystalline solar PV products have fallen sharply in a week-on-week comparison. The price drops for wafers were particularly strong.

Global PV module prices collapse

The predicted fall in global PV module prices appears to have already begun, with PV Insights and EnergyTrend reporting average prices in the $0.27-$0.37 cent per watt range.

U.S. could slap additional 25% tariffs on Chinese cells, modules

The new round of IT-related tariffs would make it more expensive for any manufacturers planning to import cells from China for module production in the United States.

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