Amtech raising US$9.3 million from new shares offering
Specialist PV manufacturing equipment supplier Amtech Systems is planning a new share offering to raise around US$9.3 million, which could be used for potential acquisitions.
Mark Osborne has nearly three decades of experience in covering both the semiconductor and photovoltaics manufacturing industries. In his current roles as senior news editor for PV Tech and sister technical journal, Photovoltaics International, Mark covers the key developments in the PV industry on a global level and continues to provide insight and analysis via his editor's blog.
Specialist PV manufacturing equipment supplier Amtech Systems is planning a new share offering to raise around US$9.3 million, which could be used for potential acquisitions.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
Two German-based PV inverter manufacturers Steca Elektronik GmbH and KOSTAL Industrie Elektrik GmbH have formed a business alliance to share technology developments in single-phase and three-phase devices and energy storage inverters.
China-based independent PV power producer GCL New Energy Holdings (GCLNE) has reported preliminary first half year 2017 results, which included cumulative installed PV power plant capacity surpassing 5GW for the first time.
Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
The insolvency administrator for SolarWorld AG's shares in Solarparc GmbH, Deutsche Lithium GmbH and SolarWorld Americas said it was focusing its efforts on finding buyers for these companies.
Leading PV manufacturing equipment supplier Meyer Burger has reported a 15% increase in new orders in the first half of 2017, driven by a strong technology buy-cycle in wafer and solar cell sectors.
Taiwan-based merchant solar cell and module producer Neo Solar Power (NSP) continued its solarcoaster ride that has lasted almost a year with revenue in July, 2017 sliding 26% from the previous quarter, which was the best it had achieved in 2017.
Canadian Solar has launched an innovative ‘cool’ PV module design, dubbed ‘Ku’ modules. The new PV module series is based on Low Internal Current (LIC) module technology to provide better module energy yield and reliability.
Major PV inverter manufacturer Sungrow Power Supply Co Ltd has reported strong first half-year financial results due to strong demand in China and key markets such as South East Asia.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported record PV module shipments in the second quarter of 2017, while reiterating total module shipments in 2017 would be in the range of 6.0GW to 6.5GW.
Taiwan-based cell and module producer Neo Solar Power (NSP) said its downstream PV project developer arm, Clean Focus Yield (CFY), had completed the development of its Greenskies project, a portfolio of 225MW commercial and industrial solar projects in the US.
US-headquartered high-efficiency PV cell and module producer SunPower Corp said it had invested around US$25 million in the last 12-months on a new US R&D and pilot line facility located at its headquarters in San Jose, California.
Leading CdTe thin-film module manufacturer First Solar has secured a 241MW module supply contract with Australian EPC firm, RCR Tomlinson. The latest contract is for two major PV power plant projects, bringing its contracted business in the country to over 500MW in the next 12 months.
Solar PV cell and module ribbon interconnect supplier Ulbrich Solar Technologies has closed its production operations in Hillsboro Oregon, due to operating difficulties of SolarWorld Americas after parent company SolarWorld AG went into insolvency proceedings.
