Solar@Work, May 1, 2014
Leading Module Suppliers Extend Dominance in 2013;
Chinese Still on Top
The top makers of photovoltaic (PV) modules solidified their market dominance in 2013 with Chinese suppliers continuing to lead the solar world, according to IHS Technology. Seven of the world’s top 10 solar module suppliers in 2013 have their headquarters or the bulk of their manufacturing operations in China. Leading the way is China’s Yingli Green Energy, which shipped 3.25 gigawatts (GW) of solar modules, followed by Trina Solar, Canadian Solar, Sharp and Jinko Solar.
Global PV module shipments grew overall by 24 percent in 2013, reaching a total of 38.7 GW. But the top 15 module suppliers expanded their shipments by 43 percent on average. The combined market share last year of the top 15 equated to 59 percent, up from 51 percent in 2012.
The rankings also reflect the current photovoltaic boom in Japan, which accounted for 17 percent of global installations in 2013. All of the three largest Japanese players climbed by several positions compared to 2012. More
The Hawaii Public Utilities Commission announced operational directives to the Hawaiian Electric Companies (HECO Companies). The orders require the HECO Companies to develop and implement major improvement action plans to aggressively pursue energy cost reductions, proactively respond to emerging renewable energy integration challenges, improve the interconnection process for customer-sited PV systems, and embrace customer demand response programs. More
$1 Billion for NY-Sun
Governor Andrew M. Cuomo announced a nearly $1 billion commitment to NY-Sun, which will significantly expand deployment of solar capacity throughout the state and transform New York’s solar industry to a sustainable, subsidy-free sector. The NY-Sun initiative provides long-term funding certainty that will boost existing businesses and attract new investments to New York from global solar companies for greater economic growth. New York now has more than 400 solar companies, employing more than 5,000 high-skill workers. More
SunPower up 9% in Q1
The company reported non-GAAP earnings per share of $0.49, against gross revenue of $684 million. More
AEE, SolarCity to Host Net Metering Webinar
Advanced Energy Economy, the coalition of businesses promoting renewable energy, will host a webinar on May 20 during which representatives of SolarCity will explain recent developments in net metering policy. Register