Leading PV manufacturing equipment supplier Meyer Burger Technology said it had been awarded new tool orders from two existing customers in Europe and Asia valued at CHF15 million (US$15.3 million).
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has withdrawn its earnings forecast for fiscal year 2016, due to PV manufacturers postponing capital expenditure (capex) plans on overcapacity and rapid price declines.
Crystal growth equipment supplier GT Advanced Technologies (GTAT) said it had accepted the resignation of CEO, Dave Keck and appointed board member and former employee, Greg Knight as its new CEO.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion plans in the third quarter of 2016, highlight an absence of China based solar cell and module manufacturers making new announcements for either domestic or overseas production.
Dow Chemical’s polyolefin elastomer (POE) technology used for critical PV module encapsulation applications under its ‘ENGAGE’ POE brand are designed to provide improved electrical performance and moisture resistance.
Integrated PV module manufacturer REC Group has said it has trimmed its global workforce by 3%, or around 65 jobs out of approximately 2,200 employees.
Swedish CIGS thin-film equipment supplier Midsummer said it had secured a follow-on order from an undisclosed customer for its flexible CIGS thin-film process tool.
US-based high-efficiency integrated PV manufacturer Mission Solar Energy is reportedly to close its N-type mono solar cell line with the loss of 87 jobs and focus on module assembly to remain competitive.
The US Energy Department's National Renewable Energy Laboratory (NREL) has highlighted continued PV system cost reductions in its latest quarterly report, ‘US Solar Photovoltaic System Cost Benchmark Q1 2016’.
‘Silicon Module Super League’ (SMSL) member Canadian Solar said that its recently launched 72-cell 1500V multicrystalline modules would be deployed at two planned PV power plants in Australia with a cumulative capacity of 47MWp.
