- 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.
Thin-film is better suited to compete across all market segments with its conventional rivals than ever before, despite generally recording lower conversion efficiencies, Solar Frontier CEO Atsuhiko Hirano has said.
Major CIS thin-film producer Solar Frontier is partnering in the construction of five PV power plat projects in the region of Kyushu, Japan totalling 9MW.
An EU funded R&D project has been launched to achieve commercially viable CIGS (copper indium gallium (di)selenide) thin-film cells with 25% conversion efficiencies.
Thin-film module producer Solar Frontier has revealed that it will partner with German developer, New Energy for the World (NEW) to develop and sell 100MW of solar farms in the UK.
High-tech equipment manufacturer Manz sees “significant opportunities for growth” in both its solar and energy storage business segments, according to statements released to accompany first quarter results for 2015.
Hanergy Thin Film Power Group (Hanergy TF) has revealed plans to open 1,500 retail stores globally for its suite of thin-film solar products by 2017.
PV manufacturing equipment specialist Singulus Technologies expects ongoing improvement in sales after its order backlog exceeded €60 million in the first quarter of 2015.
The announcement of a 16% efficiency record for a CIGS module by Manz appears to have been trumped just a day later by TSMC Solar, which says it has reached a verified 16.5% efficiency for commercial-size CIGS modules.
Japanese firm Solar Frontier has completed its acquisition of the US project pipeline of developer Gestamp Solar.
Hi-tech equipment manufacturer Manz has set a new efficiency record for a CIGS thin-film module of 16%.
Sweden-based thin-film equipment specialist Midsummer said it had received a multi-million US dollar order for its ‘DUO’ a volume production flexible CIGS (copper, indium, gallium and selenium) thin-film solar cell sputtering tool.
Japan-based CIS thin-film module manufacturer Solar Frontier said it had completed the construction of its Tohoku Plant in March 2015 as expected and plans to start ramping production immediately.
Hanergy Thin Film Power (Hanergy TF) remained highly dependent on parent company Hanergy Holding Group for revenue in 2014, gaining revenue for the sales of a small number of PV plants and limited revenue from thin-film sales to IKEA that were outside group transactions.
Technology manufacturing equipment specialist Singulus Technologies has reported heavy 2014 losses on weak revenue in its Optical Disc and Solar divisions.
Laser equipment specialist LPKF reported strong sales to the solar industry in 2014, despite limited capital spending in the sector.
Thin-film maker Hanergy, which has been the subject of recent press reports over “unusual” share trading, has opened a number of retail stores in its homeland, China.
Flexible CIGS thin-film producer Ascent Solar Technologies reported 2014 annual revenue of US$5.33 million on net losses of US$43.3 million.
India-based renewable energy project developer Welspun Renewables has entered into a 100MW supply deal with Solar Frontier, marking continued efforts by the Japanese CIS thin-film producer to broaden its geographical sales footprint outside Japan.
PV manufacturing equipment specialist Smit Ovens has filed for bankruptcy in the Netherlands to restructure its operations.
Japanese CIS thin-film manufacturer, Solar Frontier, is to acquire the entire US project pipeline of Gestamp Solar in what the company said marked its first step towards becoming a significant global downstream player.
Hanergy Thin Film (HTF) and Hanergy Group have amended their flexible CIGS thin-film substrate master supply agreement.
The Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and technology partner, Manz have achieved a small area CIGS cell conversion efficiency of 21%, verified by Fraunhofer ISE.
Flexible CIGS thin-film producer Ascent Solar Technologies has said its sales in 2014 topped US$5.3 million, a new record for the company.
PV equipment specialist Singulus Technologies said it had received contractually agreed payments for CIGS thin-film equipment believed to be for Hanergy’s planned capacity expansions in China.
CIGS thin-film start-up Siva Power has recently raised a total of US$10 million to fund its build of what it claims is the world’s highest capacity co-evaporation source, the key tool for its claimed ultra-low cost CIGS modules.
Both the Wall Street Journal (WSJ) and the Financial Times (FT) have recently attempted to delve into the financial and business operations of the Hanergy group of companies with mixed success.
The US Department of Energy (DOE) SunShot Initiative is providing CIGS thin-film start-up Siva Power with US$3 million in funding as part of the program to bring novel and highly innovative ideas to commercialisation.
Organisers of the 31st European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC) have set deadlines for paper abstract submissions for the event being held in mid-September at the CCH - Congress Center Hamburg, in Hamburg, Germany.
PV equipment specialist, Singulus Technologies has signed an order to supply vacuum coating machines to an unidentified CIGS thin film producer.
Dieter Manz, founder of equipment supplier Manz AG, claims that crystalline technology will “lose out” to thin-film as the global solar market grows and gears itself up to much larger scales of production.
Hanergy has confirmed details of a 300MW CIGS thin-film factory in Hunan Province.
High-tech manufacturing equipment firm, Manz AG reported record revenue for the first nine months of 2014, driven by its Flat Panel Display segment, which generated €179.9 million from the total revenue of €250.9 million.
Japanese thin-film manufacturer Solar Frontier has said its next-generation fab will trim a third off the cost of producing its CIGS modules.
Japanese thin-film manufacturer Solar Frontier could build a factory in New York state, its new president has said.
Equipment supplier and CIGS thin-film specialist Manz is to receive a €20 million research loan from the European Investment Bank (EIB).