- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) said in reporting first half 2015 financial results that it would be restructuring its operations with the loss of around 2,000 jobs, 37% of its workforce of 5,458 at the end of the reporting period.
A report, four years in the making, has been released by the US Department of Energy (DOE), Office of Inspector General into the collapse of CIGS thin-film producer, Solyndra, and the way more than US$500 million of loan guarantees were given out by the department to the failed company.
Swedish thin-film PV equipment specialist Midsummer has been awarded a SEK10 million (US$1.2 million) grant to support production and sales of its cell manufacturing machines.
Taiwan-based CIGS thin-film module producer TSMC Solar, a subsidiary of leading semiconductor foundry Taiwan Semiconductor Manufacturing Corp is to close its manufacturing plant at the end of August and exit the solar PV market.
Hanergy Thin Film Power has issued a profit warning for its first half 2015 results as its primary customer, Hanergy Group, recently cancelled a major connected transaction to appease a Hong Kong stock market investigation into Hanergy TF’s viability when the majority of a sales go through its privately held parent company.
Flexible CIGS thin-film producer Ascent Solar Technologies has dropped plans to build an initial 25MW plant in Suqian, Jiangsu Province, China.
Laser systems specialist LPKF Laser & Electronics expects lean new order bookings in its Solar segment for the remaining half of 2015.
Technology manufacturing equipment firm, Manz AG reported flat first half 2015 sales as orders from several business segments were said to have been delayed or cancelled.
PV manufacturing equipment specialist Singulus Technologies has reported new order intake for the first half of 2015 topped €73.1 million, significantly up from €25.2 million in the prior year period.
A 3GW module shipment “milestone” announced today by Japan-headquartered thin-film firm Solar Frontier is confirmation that CIGS technology “can work” despite facing challenges during its history, according to solar market analyst Finlay Colville.
CIGS thin-film producer Hulk Energy Technology (Hulk) is planning a single 200MW line expansion by the end of 2015, due to growing demand in Europe and the expectation of establishing a strong market in the US.
Hulk Energy Technology has set a new record power output for a commercial CIGS thin-film module.
Solar Frontier, the vertically integrated thin-film PV manufacturer and project developer headquartered in Japan, has opened an office in London aimed at steering its activities in the currently buoyant UK market.
Recognising that the vast growth in solar deployment under the feed-in tariff (FiT) could lead to an accumulation of PV waste in landfills, Japan will soon begin implementing recycling rules for solar modules.
Hanergy Thin Film Power has refused to share details of parent company Hanergy’s accounts with the Hong Kong Stock Exchange (HKEX), according to a report by Reuters.