US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.
Leading PV manufacturing equipment supplier Meyer Burger is undertaking another round of cost cutting, product rationalisation and manufacturing restructuring to improve profitability.
Specialist semiconductor and PV equipment supplier Intevac has reported delays in supplying a 12 unit order for its ‘ENERGi’ solar ion implant tool to a customer in China planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules.
Polysilicon producer REC Silicon ASA benefited from higher sales volumes and ASP increases to report a 23% increase in revenue in the third quarter of 2017.
US-headquartered engineering and consultancy firm Black & Veatch and engineering services, and certification testing lab, Renewable Energy Test Center (RETC) in California, said they would establish the first of its kind bifacial solar module ranking service.
Solar trade association SolarPower Europe has updated its global solar demand forecast for 2017, expecting to reach the 100GW level for the first time.
China-based integrated and merchant PV manufacturer Tongwei Group recently opened its completed high-efficiency solar cell plant (S2), which includes the world’s first technically unmanned monocrystalline solar cell production line under the intelligent manufacturing term, 4.0.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported a record conversion efficiency for a P-type monocrystalline PERC (Passivated Emitter Rear Cell) solar cell of 22.78% and verified by the Chinese Academy of Science Testing Laboratory.