Motech’s China-based operations, Motech (Suzhou) Renewable Energy Co is maluminum solar power mounting
aking the investment of RMB11.4 million (US$1.78 million) and will have a 19% stake in the module manufacturing subsidiary.
A further RMB8.6 million (US$1.34 million) is to be contributed by Solargigaaluminum solar power mounting
subsidiary, Jinzhou Jinmao which owns the PV module company.
German manufacturer SolarWorld has said delays implementing planned productialuminum solar power mounting
on capacity expansions and new production technologies will impact on its 2015 earnings.
In its Q3 report published today, SolarWorld said the delays would mean its earnings before interest and tax (EBIT) would remain negative in 2015, though the company is expecting an improvement on 2014’s EBIT figure of €-43.8 million.
We have been completely satisfied with the quality and reliability of Quick Mount products on our solar PV projects. The ease of installation contributes greatly to the overall efficiency of our system installation.
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