US solar installer Vivint Solar reported both bookings and installations in the third quarter of 2015 below the prior quarter, indicating growth has stalled in the last six months. Major renewable energy provider SunEdison is in the process of acquiring the company.
Flexible CIGS thin-film consumer product producer Ascent Solar Technologies reported lower than expected third quarter sales, while reducing full-year revenue guidance on liquidity constraints in the quarter.
Major semiconductor equipment manufacturer Applied Materials is continuing to disengage from the solar equipment market after previously announcing its exit from Precision Wafering Systems (PWS) wire saw business, headquartered in Switzerland and stop development on its ‘Solion’ ion implant product, based in the US.
Updated: Major PV energy provider SunPower is to ramp Cogenra Solar’s module technology to 2GW by 2020 and only a further 800MW of its ‘Maxeon’ solar cell technology at its new facility, Fab 5 that it expects to ramp in early 2019.
PV manufacturer Zhongli Talesun has become the first of a wave of Chinese firms planning to establish manufacturing operations in Thailand to begin production in the Southeast Asian country.
Major renewable energy provider SunEdison may have cut its rate of growth due to financial concerns but the slowdown did not manifest itself in reporting third quarter financial results.
Loss-making flexible CIGS thin-film producer Ascent Solar Technologies has raised new financing from a private investor to support repayment of its outstanding senior secured notes.
PV furnace equipment specialist Tempress Systems a subsidiary of Amtech Systems has said it has won an order from a new customer in Taiwan, a repeat order from an existing Taiwanese customer and installed approximately 800MW of its next-generation diffusion systems at a leading Chinese solar cell and module manufacturer.
