Amtech reports US$27 million of orders in 2016

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Two thirds of the company's orders this fiscal year are in its solar segment. Source: Amtech Systems

PV tool maker Amtech Systems has received US$27 million of new solar orders since the turn of the year.

The company claimed on Thursday that its solar orders for the fiscal year (October 1, 2015) have now reached US$50 million, just shy of two-thirds of the company’s entire order book. It noted that some of these orders have been previously announced.

“We are pleased that the strong level of solar bookings, which started in the December quarter, continued into the March quarter,” said Fokko Pentinga, CEO, Amtech. “We are seeing healthy quotation activity within our solar segment. With respect to our goal to have a diversified mix of revenues we are encouraged by the signs of some improvement we are now seeing in our electronics and LED businesses.”

The only further detail revealed on the orders was that the most recent ones included repeat orders for its diffusion system.

Shares in the company closed up more than 11.5% on Thursday.

Read Next

January 29, 2020
Firm was in talks last year with private equity and strategic suitors but has now opted to divest its Tempress business to a newly-created Dutch entity, naming a new group CEO in the process.
December 14, 2018
PV manufacturing equipment provider Meyer Burger has won an order for 600MW of Heterojunction and SmartWire tools.
March 20, 2018
Driving p- and n-type solar cell manufacturing beyond current limitations was a key topic at PV CellTech last week. We caught up with the CTO of leading PV equipment supplier Meyer Burger, Dr. Gunter Erfurt, during the conference, to discuss just how fast the industry is moving.
December 15, 2017
A subsidiary of PV equipment supplier Amtech Systems has received a follow-on order for three next generation solar Atomic Layer Deposition (ALD) systems.
June 12, 2017
Struggling former ‘Silicon Module Super League’ (SMSL) member Yingli Green Energy and Amtech Group’s Tempress Systems BV jointly opened what is claimed to be Europe’s largest bifacial PV solar plant next to the Tempress headquarters in Vaassen, the Netherlands.
April 25, 2017
Dieter Manz, the founder and CEO of tool maker Manz, will step aside taking a role on the company’s supervisory board.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 19, 2021
BRISTOL, UK
Upcoming Webinars
November 10, 2021
8am (PST) | 5pm (CET)
Solar Media Events
December 1, 2021