Today, SolarWorld AG filed for insolvency in Germany, and it is unclear whether or not its U.S. subsidiary will also file. In the following interview, Mercom Capital CEO Raj Prabhu talks about what this means for the U.S. solar industry.
Pioneering solar manufacturer SolarWorld AG is insolvent. It is unclear whether the company’s U.S. subsidiary must now file as well.
The high-efficiency solar manufacturer is still bleeding red ink, as it begins shipping its lower-cost P-Series modules and continues its restructuring.
The company shipped 455 MW-AC of inverters from January through March and predicted revenues for Q2 to be within the range of $120 million to $130 million.
With California getting a higher portion of its electricity from solar than any non-island nation, the stakes are high with this summer’s eclipse. Fortunately, Europe has already been down this road.
The German-American module maker shipped 382 MW in the first three months of this year. The company’s plan to focus on monocrystalline PERC products is being implemented according to schedule.
The German chemical company has said in its preliminary results for the first quarter of this year that polysilicon prices dropped significantly over the past weeks. Overall, the company expects to see its profits grow in 2017.
Researchers from NREL, Fraunhofer ISE and Japan’s AIST have released a new paper which looks at the barriers to deploying multiple terawatts of solar PV and what can be done to overcome them.
One of the pillars of Donald Trump’s election campaign was his pledge to protect the U.S. manufacturers from unfair competition. While it is still unclear whether he will follow through with his threats to increase import taxes on Chinese goods, SolarWorld took the opportunity of the historic meeting between President Trump and Chinese counterpart Xi Jinping to harangue China’s solar manufacturers and called for the issue of solar dumping to be raised.
The U.S. cell manufacturer announced a partnership with Italian manufacturer Coveme to accelerate the development and commercialization of Natcore’s latest cell innovation.
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