Indebted PV module manufacturer Yingli Green Energy has been rumoured to be securing over US$500 million in new debt financing from a Chinese state bank and a provincial government where it operates manufacturing facilities.
Despite record low polysilicon prices seen in January 2016 marking a clear oversupply, PV manufacturing capacity expansions and projected end-market demand could reverse the situation by the end of 2016, specifically in China.
Researchers at the US National Renewable Energy Laboratory in the US have completed the development of a new international quality standard for PV module manufacturing.
Leading CIS (copper, indium, selenium) thin-film producer Solar Frontier reported that its main manufacturing plant ran at almost full capacity in 2015.
SolarCity, the largest residential solar PV installer in the US said in its fourth quarter 2015 earnings call that its ambitious 1GW Buffalo Riverbend manufacturing facility had been impacted by longer than expected equipment lead times, pushing some equipment installs into the second-half of 2016.
PV module assembly equipment supplier Valoe Corporation has secured its long awaited first order for an automated turnkey back contact module assembly line from an unidentified customer in Ethiopia for €15.8 million.
New research undertaken by Solar Intelligence, part of PV Tech’s parent company Solar Media Ltd., can exclusively reveal the forecasted breakdown of production for the different technologies being used within the solar industry in 2016.
Japanese electronics firm Panasonic is reported to be suspending production at its Nishikinohama ‘HIT’ solar cell and module assembly plant due to weak domestic consumer demand in Japan.
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.
PV module assembly equipment specialist Spire Corporation said it would focus on the turnkey PV manufacturing segment after completing the sale of its sun simulator business to Eternal Sun.
