Major tier-one PV manufacturer JinkoSolar said it had secured more than US$62 million in a loan agreement with The Export-Import Bank of China (TEIBC) to support long-term fixed assets and mid-term working capital for its recently started Malaysia facility. The company said it had already drawn down the US$62 million loan.
PV manufacturing equipment specialist Singulus Technologies has reported new order intake for the first half of 2015 topped €73.1 million, significantly up from €25.2 million in the prior year period.
PV manufacturing equipment specialist Amtech Systems is selling the majority of its stake in subsidiary Kingstone Technology to China-based venture capital firm, Suzhou Zhuo Jing Investment Center for around US$13.6 million.
Germany-headquartered PV manufacturer SolarWorld has had a record efficiency for a PERC solar cell of 21.7% independently verified by the photovoltaic calibration laboratory (CalLab) of Fraunhofer ISE.
Bloomberg New Energy Finance (BNEF) figures have underlined previous analysis by PV Tech suggesting a mass overseas relocation of production capacity by Chinese PV manufacturers in response to increasingly hostile trading conditions.
Griguol Impianti Elettrici is at an advanced stage of constructing the world’s largest bifacial PV system ‘La Hormiga’ at 2.5MWp in Chile, using technology from Italy-based module manufacturer MegaCell, which is part of Mega Group.
Shi Lei, VP of HT-SAAE, a leading dedicated monocrystalline solar cell and module producer, sees growing demand across multiple markets for high-efficiency modules and explains what is driving its sales growth.
