Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
The insolvency administrator for SolarWorld AG's shares in Solarparc GmbH, Deutsche Lithium GmbH and SolarWorld Americas said it was focusing its efforts on finding buyers for these companies.
The solar industry is set to reach annual demand at the 100GW level much earlier than has been forecast by both third-party observers and the leading component suppliers. During 2018, the solar industry is shaping up to ship more than 100GW of solar modules during the calendar year, while 2017 alone will see the number exceed 90GW comfortably.
Canadian Solar has launched an innovative ‘cool’ PV module design, dubbed ‘Ku’ modules. The new PV module series is based on Low Internal Current (LIC) module technology to provide better module energy yield and reliability.
Leading CdTe thin-film module manufacturer First Solar has secured a 241MW module supply contract with Australian EPC firm, RCR Tomlinson. The latest contract is for two major PV power plant projects, bringing its contracted business in the country to over 500MW in the next 12 months.
Solar PV cell and module ribbon interconnect supplier Ulbrich Solar Technologies has closed its production operations in Hillsboro Oregon, due to operating difficulties of SolarWorld Americas after parent company SolarWorld AG went into insolvency proceedings.
Struggling US-headquartered solar PV encapsulant producer STR Holdings foray into recapturing market share by producing in China has come to an end with the closure of its manufacturing operations in the country.
PV and electronics equipment manufacturing and automation specialist Manz AG said it expected to generate revenue of at least €350 million in 2017, including significantly improved and positive EBIT as it starts execution of its large CIGS thin-film orders.
Specialist solar PV equipment supplier centrotherm International has reported first half 2017 photovoltaics and semiconductor segment equipment order backlog of nearly €141 million as well as securing CIGS thin-film tool orders from Manz for turnkey line projects in China.
