Financial & Legal

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.

Tier-one module manufacturer and project developer Canadian Solar has agreed a US$250 million loan with China Minsheng Bank.

PV manufacturing equipment specialist Singulus Technologies expects ongoing improvement in sales after its order backlog exceeded €60 million in the first quarter of 2015.

Polysilicon producer REC Silicon reported a 48% decline in polysilicon sales in the first quarter of 2015, driven by a number of negative impacts.

Expansion strategies into the US residential market announced yesterday by SunEdison are a “validation of the rapid growth” of the country’s household solar market, according to one investment bank.

Leading PV microinverter producer Enphase Energy met the mid-range of sales and shipment guidance on the seasonally weak first quarter.

Project developer SPI is set to raise US$50 million in a private placement of shares as it looks to build out its pipeline.

Major polysilicon producer Wacker Chemie said its capacity could reach around 80,000MT by 2017 as it optimises production in Germany and ramps its new plant in Tennessee.