PV manufacturing equipment specialist Singulus Technologies has reported preliminary unaudited sales of €84 million in 2015, but restructuring charges are expected to result in a negative EBIT of €33 to €35 million.
Specialist PV manufacturing equipment supplier Amtech Systems reported strong order intake in the fourth quarter of 2015 with new order flow continuing into January, 2016 as China-based PV manufacturers expand production at facilities in South East Asia.
The organisation responsible for overseeing California’s bulk electric power system has approved proposals to accommodate more distributed energy resources, including rooftop solar, energy storage, advanced inverters and demand response, onto the state’s grid.
Spanish renewables giant Abengoa, which entered insolvency proceedings last November, has sold its 20% share in the 100MW Shams-1 concentrated solar power (CSP) plant in the United Arab Emirates to Abu Dhabi-based renewable energy company Masdar.
Solar power company Canadian Solar announced that its subsidiary — Canadian Solar Solutions — has agreed to contracts that would supply 60 MW DC of MaxPower CS6X Ontario-made solar panels and 30 medium voltage PV stations for the Southgate Solar facility.
Taiwan-based solar wafer producer Green Energy Technology (GET) reported a significant leap in sales for the month of January on the back of higher prices due to industry supply constraints.
Struggling Japanese electronics giant, Sharp Corporation reported continued weakness in its Energy Solutions business unit that includes its solar segment with revenue down 42.2% in the first nine months of its financial year, compared to its previous year results.
High-technology equipment manufacturer Intevac said it was tracking around 5GW of high efficiency n-type monocrystalline solar cell capacity expansions that are expected through 2020, providing a market opportunity for its ‘MATRIX’ platform of around US$175 million.
