Integrated monocrystalline PV manufacturer, Solargiga Energy Holdings, reported an increase in revenue of 33.2% in 2014 and reduced losses, compared to the previous year.
PV equipment specialist InnoLas Solutions said it had so far received orders equating to almost 1GW of production capacity for its laser systems used for PERC solar cell processing.
US headquartered PV module encapsulant producer STR Holdings has secured a major new exclusive supply contract worth potentially 500MW per annum in volume sales through its majority shareholder, China-based PV project developer Zhenfa Energy Group. Financial details were not disclosed.
Bankrupt PV and sapphire equipment specialist GT Advanced Technologies (GTAT) has been able to secure US$95 million of debtor-in-possession financing to provide working capital needs during its Chapter 11 restructuring efforts.
PV and polysilicon equipment specialist centrotherm Group reported a return to profitability in 2014 on the back of recovering sales of €189.2 million, driven by an upturn in revenue from PV equipment sales and progress on building a polysilicon plant in Qatar.
Tier-one PV manufacturer SolarWorld has reported that total shipments increased 55% in 2014 and guided shipments in 2015 to increase a further 25% and surpass 1GW.
