L R AS Published on Monday 12 April 2021 - n° 358 - Categories:the manufacturers
Manufacturers in brief: Maxeon to produce in the US, Trina Solar #3 in 2020; GCL insolvent
Manufacturers in brief: Maxeon wants to produce in the US, Trina Solar #3 in 2020; GCL insolvent
Maxeon wants to accelerate production of shingled panels in the US. To do this,
it needs to obtain financing (debt or equity) to purchase equipment. The first sales are expected to start in the first quarter of 2022. The aim is to install 3.6 GW of new assembly capacity in two phases
https://www.pv-magazine.com/2021/04/07/maxeon-to-ramp-up-solar-shingle-module-production-in-the-us/
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Trina Solar became the third largest panel supplier in the world in 2020 with 16 GW (behind LONGi and JinkoSolar). The Vertex range, using 210mm wafers, has already sold 10 GW of units
https://www.pv-magazine.com/2021/04/06/trina-became-worlds-third-biggest-panel-supplier-in-2020/
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GCL Poly has failed to repay $679 million, including $500 million at the end of January. It hopes to resolve the issue by restructuring its debt by the end of June or by selling assets
