Current Newsletter


50 MW framework agreement with KosiFrankensolar
CSUN and KosiFrankensolar, subsidiary of the German Frankensolar group, have signed a framework agreement for the delivery of 50 MW of CSUN’s Made in Turkey poly modules. The modules will be used in Turkey, mainly for unlicensed projects.

CSUN’s Turkish factory provides PV modules to partners after US DOC preliminary CVD ruling
CSUN is starting to supply the US market with solar modules from CSUN’s Turkish factory to provide its customers with tariff-free modules at competitive pricing. CSUN has been preparing for the changes in the US market due to the US duty investigation and is pleased to ensure partners are well supported with UL-certified Made in Turkey modules.

CSUN’s factories audited by Black & Veatch
Our factories in China and Turkey have been audited by Black & Veatch (B&V), a renowned and experienced independent engineering company. In addition to the inspection of the manufacturing processes, B&V performed technical due diligence on the modules designed for the US market.

Marketing News

Clean Energy Week, Sydney/Australia: 22-25 July
Renewable Energy India (REI), Greater Noida/India: 3-5 September, hall 7 booth 7.59
Solar Power International (SPI), Las Vegas/USA: 20-23 October, booth 2145

Market News

US announces preliminary anti-subsidy ruling
The US Department of Commerce (DOC) das announced their preliminary determination on the duty investigation of solar modules from China and has set assessed duties from 18.56-35.21% on solar imports from China. This anti-subsidy ruling will be followed by another preliminary decision for anti-dumping scheduled for July 24th. A final decision is expected by the end of the year. The decision is already impacting module prices in the US as Chinese suppliers are increasing prices and are considering different value chain options.
CSUN continues to serve the US market with modules produced in its Turkish factory in compliance with US regulations.

Spain and Italy confronted with retroactive cuts for PV industry
In Spain the dispute over the new version of the renewable energy law has reached the European Commission, reports PV Tech. Background of the discussion is the new renewable energy law, which includes an investment cap (limitation of project profit to 7.4% before tax) and punitive charges on self-consumption. The cap will be reviewed and could decrease further. The changes will be retroactively applied from June 2013 and for all new installations. Now a complaint by law firm Holtrop SLP, representing 1,500 renewable energy investors, has been delivered to the European Commission. In addition, the local governments of Murcia and Mascar are challenging the law in Spanish courts. The case with the European Commission shall add pressure to the Spanish courts to act in this matter.
The Italian government has also proposed retroactive cuts in a draft law, which could become law in 60 days through parliamentary ratification. The planned retroactive FIT cuts are expected to affect about 8,600 operators of PV systems >200 kW. The new law would force operators with PV systems over 200 kWp capacity to choose between extending the term of the FIT payments from 20 to 24 years (effectively thinning them out) or staying with the 20 year period and accepting a direct cut of 10%.
Source: PV Tech 9.6.2014, 19.6.2014 & 23.6.2014; PV Magazine 19.6.2014