Integrated PV module manufacturer REC Group said total module shipments in the second quarter of 2016 reached 326MW, bringing first half year shipments to 640MW and a 4% quarter-on-quarter increase.
Meco Equipment Engineers, a subsidiary of BE Semiconductor Industries provides its Cell Plating Line (CPL) for a wide variety of next-generation solar cell architectures migrating from silver to copper contacts, which drastically reduces the high metallization costs associated with Interdigitated Back Contact (IBC) and heterojunction cells.
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has withdrawn its earnings forecast for fiscal year 2016, due to PV manufacturers postponing capital expenditure (capex) plans on overcapacity and rapid price declines.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion plans in the third quarter of 2016, highlight an absence of China based solar cell and module manufacturers making new announcements for either domestic or overseas production.
Integrated PV module manufacturer REC Group has said it has trimmed its global workforce by 3%, or around 65 jobs out of approximately 2,200 employees.
US-based high-efficiency integrated PV manufacturer Mission Solar Energy is reportedly to close its N-type mono solar cell line with the loss of 87 jobs and focus on module assembly to remain competitive.
Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lowering its operating cost base by CHF 50 million per annum and reducing its workforce by around 16% by the end of 2016.
US-based solar module technology firm Solaria Corporation has filed suit against GCL Solar Energy, Inc., a subsidiary of GCL-Poly Energy Holdings due to claims of IP theft and breaches of Non-Disclosure Agreements that resulted in the GCL producing PV modules using its proprietary technology that is protected by over 100 patents.