The company noted that the capacity expansion was needed to support customer demand and its PV project business. tile roof pv solar system
Motech’s China-based operations, Motech (Suzhou) Renewable Energy Co is mtile roof pv solar system
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 Solargigatile roof pv solar system
subsidiary, Jinzhou Jinmao which owns the PV module company.
German manufacturer SolarWorld has said delays implementing planned productitile roof pv solar system
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.
PV Tech understands that the delays have set the company back by around thrtile roof pv solar system
ee to six months, and relate to a combination of the shifts to PERC technology at its US and Freiburg plants, capacity expansions and other measures such as changes to its administrative systems.
tile roof pv solar system
“In light of the wealth of ambitious measures we implemented this year, a few delays could not be completely avoided,” said CEO Frank Asbeck in his foreword to the Q3 report. “All in all, we are running a few months behind our original plans. As a result and contrary to our expectations, we will not be able to return to positive territory with the operating result for the full fiscal year 2015”
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