Capital expenditure (capex) for solar cell manufacturing is to see increased contributions in 2017 from Vietnam, India and Thailand, expanding the global footprint of cell manufacturing outside China across different countries in the Asia region.
Specialist PV manufacturing equipment supplier Amtech Systems has reported new solar orders since the end of September, 2016 have topped US$60 million, driven by PV manufacturers in China, Malaysia and Taiwan.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million.
Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.
Solar tracker manufacturer NEXTracker has cooled reports that it is establishing a production hub in India, after reports by the country’s state news agency.
PV and electronics equipment manufacturing and automation specialist Manz AG has finally secured the largest equipment order in the history of the company after securing orders for two turnkey CIGS production lines totalling 350MW nameplate capacity with China-based Shanghai Electric Group and Shenhua Group.
Li Hejun majority shareholder in PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF), via parent company Hanergy Holding Group is set to be banned from being a director, directly or indirectly in the any corporation for a certain period in Hong Kong.
According to the ongoing analysis of global PV manufacturing capacity expansions by PV Tech, high-efficiency solar cell migrations, whether monocrystalline or multicrystalline with PERC (Passivated Emitter Rear Contact) and N-type mono heterojunction (HJ) have been gaining strong momentum since 2015.