European solar power services company Photon Energy claims an emphasis on new business areas including operations and maintenance (O&M), opened up new revenue streams to boost its group performance in the past quarter.
Integrated PV module manufacturer SolarWorld said its Passivated Emitter Rear Cell (PERC) technology had proved a big hit in the US market and would reach 430MW of production capacity at its US-based plant in Hillsboro, US in the second quarter of 2015.
PV module encapsulant supplier STR Holding has resorted to accepting PV modules as payment worth approximately US$7.4 million for encapsulant material supplied to a Chinese PV module manufacturer.
Sharp Corporation reported its Solar Cells unit significantly increased sales and operating income in FY2014 due to strong domestic demand and its shift to downstream PV mega-solar project business.
The acquisition of PV module manufacturer REC Solar was said to have been completed by Norway-based Elkem Group, owned by Chinese investment firm China National Bluestar Group.
Major merchant solar cell producer Neo Solar Power (NSP) reported first quarter 2015 sales down around 37% from the same period a year ago as demand remained weak.
High-tech equipment manufacturer Manz sees “significant opportunities for growth” in both its solar and energy storage business segments, according to statements released to accompany first quarter results for 2015.
It appears a buyer has been found for Swiss inverter manufacturer SolarMax, which was declared insolvent at the end of last year, with the company set to relaunch in June.
PV manufacturing equipment specialist, Amtech Systems has reported its highest level of tool order backlog in three years as part of reporting its fiscal second quarter 2015 financial results.
