- Industry Roundup
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- Cell Processing
- Thin Film
- PV Modules
- Power Generation
Indian conglomerate Adani Enterprises said in a financial filing in response to a query by Indian exchange, BSE, that its MoU with SunEdison that includes a US$3 billion JV investment in PV manufacturing facilities in India remained “subsisting”.
Sharp Electronics will add software modelling the performance of energy storage systems made by Energy Toolbase to its Smartstorage systems, following an earlier announcement that the California Solar Energy Industries’ Association (CALSEIA) will also use the software platform.
Further adding to its woes, struggling Hong Kong PV manufacturer Hanergy Thin Film Power is to be dropped from investment indexes compiled by MSCI.
Tier-one PV manufacturer Yingli Green Energy has taken the unusual step of issuing only piecemeal preliminary financial results for the second quarter of 2015 and delaying full quarterly results until September 8.
Tier-one PV manufacturer Hanwha Q CELLS’ PV module shipments have increased 12.2% quarter-over-quarter, driven by shipments to the US, which accounted for 37% of total shipments by revenue in the second quarter.
The recent global stock market sell-offs, including US majors NYSE and NASDAQ, are having repercussions for both SunEdison and its US-centric yieldco, TerraForm, according to Baird Equity Research analyst, Ben Kallo.
Indian solar market observers have downplayed the likely impact of a World Trade Organization ruling against local content policies in the country’s flagship solar programme.
German engineering association VDMA is to take over the coordination of the International Technology Roadmap for Photovoltaics (ITRPV) from global semiconductor association, SEMI.
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.
According to Dutch media reports, Heerlen, Netherlands based solar cell producer, Solland Solar, a subsidiary of Italian industrial firm Pufin Group, has filed for bankruptcy protection.
News in brief from the PV Tech Storage site: Australia gets its largest battery storage system to date, Tesla man persuaded to go back to Sonnenbatterie and Gildemeister installs PV-linked flow battery systems in Czech Republic.
Tier-one PV manufacturer ReneSola has reported a significant decline in shipments and sales in the second quarter of 2015, due to a major shift in its business model downstream.
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.
Chinese PV manufacturers were estimated to have shipped over 6GW of PV modules to three key markets in the first half of 2015, according to Taiwan-based market research firm EnergyTrend, a division of TrendForce.
Tier-one PV manufacturer JinkoSolar has raised its module shipment guidance for the full-year. The company expects shipments to be in the range of 4.0GW to 4.5GW, up from previous guidance of 3.3GW to 3.8GW.
Leading semiconductor equipment supplier Applied Materials (AMAT) has confirmed to PV Tech that it is to close its Precision Wafering Systems (PWS) wire saw business, headquartered in Switzerland and stop development on its ‘Solion’ ion implant product.
Major tier-one PV manufacturer Yingli Green Energy has said it received an official notice from the NYSE on 13 August 2015 that it was not in compliance with the minimum US$1.0 share price threshold.
Major PV energy provider (PVEP) Canadian Solar reported module shipments 100MW below the bottom-end of guidance for the second quarter of 2015. However, revenue and gross margin exceeded prior guidance.
Leading global PV manufacturer Trina Solar has reported second quarter 2015 shipments of 1.23GW, exceeding guidance and setting a new quarterly record, as well as achieving four consecutive quarters of shipments exceeding 1GW, the first PV manufacturer to do so.
PV and silicon equipment specialist centrotherm photovoltaics has reported increased sales in the first half of 2015, driven by revenue generated from the often delayed polysilicon plant project in Qatar for Qatar Solar Technologies (QSTec).
Major tier-1 PV manufacturer Yingli Green Energy is at threat of receiving a NYSE de-listing warning as its shares have traded below the US$1.0 threshold for the last 20 days of consecutive trading.
Major renewable energy developer SunEdison has launched a US$500 million convertible stock offering as well as a US$1 billion construction and operating asset warehouse investment vehicle that could be extended to US$2 billion.
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.
The venture capital investment arm of King Saud University of Saudi Arabia has picked out Solexel, a manufacturer of thin monocrystalline solar as a prospect, contributing to a recently closed funding round for the US company.
Chinese PV manufacturer JA Solar has started volume production of a standard 60-cell double-glass module that also meets IEC standards for 1,500V applications, widely adopted in US utility-scale projects.
Leading PV inverter manufacturer SMA Solar Technology has backed up recently raised full-year revenue guidance with first half sales reaching €429.3 million, driven the most by the utility-scale PV power plant market.
Integrated PV manufacturer SolarWorld has re-purchased a PV module assembly line from JV partner and major shareholder Qatar Solar Technologies (QST).
PV encapsulant producer STR Holdings is battling continued losses, laclustre sales and second warning from NYSE regarding de-listing.
Flexible CIGS thin-film producer Ascent Solar Technologies has dropped plans to build an initial 25MW plant in Suqian, Jiangsu Province, China.
Major PV manufacturing equipment supplier Meyer Burger reported group sales of CHF124.4 million (US$127 million) in the first half of 2015, yet incoming orders topped CHF222.6 million (US$227.4 million), enabling the company to guide full-year sales of around CHF400 million (US$408 million).
SolarEdge earnings beat analysts’ estimates and its share prices rose by almost 12% as the company reported record quarterly revenues on Wednesday.
A non-profit foundation started up by US installer SolarCity to tackle energy poverty has started accepting public donations for its programmes to put solar-powered lighting in schools.
Major tier-1 PV manufacturer JA Solar reported stronger than expected shipments and sales in the second quarter of 2015.
Silicon PV and sapphire materials equipment supplier GT Advanced Technologies (GTAT) said its long-standing CEO, Tom Gutierrez has resigned all positions at the company, which continues to operate under Chapter 11 bankruptcy.
Laser systems specialist Rofin-Sinar Technologies reported fiscal third quarter sales of US$132.5 million for the third quarter, supported by “excellent sales level in the solar industry,” according to CEO Thomas Merk.
PV manufacturing equipment specialist Amtech Systems reported its best quarterly results since 2011, backed by significant sales in its Solar segment.
Major renewable energy developer SunEdison said projects under construction increased by 1.1GW in the second quarter, compared to the prior quarter, resulting in a record total of 1.9GW of projects under construction.
After a slow start to its year of recovery and return to profitability, international PV integrator Phoenix Solar reported second quarter revenue 300% above the prior-year period, driven by its EPC business in the booming US market.
Enphase Energy (Enphase) CEO Paul Nahi said the company has enjoyed “strong demand” for its solar energy systems in the US, Australia and Europe, resulting in record shipments of 195MW for the second quarter of this year.
Major tier-one PV manufacturer ReneSola has formed a joint venture firm with US project developer and EPC, Pristine Sun.
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.
Leading PV inverter manufacturer SMA Solar Technology has appointed SMA America’s current executive vice president of sales, Marko Wittich to also be its
president and general manager.
High-technology equipment manufacturer Intevac is currently qualifying its second ‘MATRIX’ PVD system with another tier-1 PV manufacturing customer.
China-based integrated PV module manufacturer Seraphim Solar System has secured ‘inherent defect’ insurance certification as an extra option for customers on its PV modules from independent insurance broker Solar Insurance and Finance (SolarIF).
Singapore-based tier-1 PV manufacturer REC Solar, part of Chinese investment firm Elkem Bluestar provided bullish business figures for the second quarter of 2015.
Wacker’s polysilicon sales may have reached a new peak for the first time in three years in the first quarter of 2015, yet sales declined almost 10% in the second quarter, held up significantly by further penalty payments by customers on terminated long-term supply deals.
Machine vision manufacturer VITRONIC has secured a major order for its ‘VINSPECsolar’ optical inspection systems from a leading Korean PV manufacturer.
TerraForm Global, a subsidiary of PV project developer SunEdison, has priced its initial public offering (IPO) of 45 million shares of its Class A common stock at US$15 per share, which represents US$675 million in gross proceeds.
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.
Integrated PV manufacturer SolarWorld has updated full-year guidance for 2015, which includes expecting to report a profit for the first time in several years on shipments of over 1GW.