- 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.
Further adding to its woes, struggling Hong Kong PV manufacturer Hanergy Thin Film Power is to be dropped from investment indexes compiled by MSCI.
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.
First Solar has guided 2015 PV module shipments almost double those of 2014. The CdTe thin-film leader expects shipments to be in the range of 2.8GW to 2.9GW.
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.
Swiss/Hungarian silicon thin-film equipment and technology firm Ecosolifer has been reported to be planning an 80MW module assembly plant in Brazil, using its proprietary amorphous silicon deposition technology on monocrystalline wafers produced at its plant in Csorna, Hungary.
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.
Beleaguered Chinese manufacturer Hanergy Thin Film Power has cancelled a controversial module supply deal with its parent group.