Monocrystalline wafer producer Comtec Solar Systems Group said it expected to report a loss of over RMB400 million (US$62 million) for 2015, due to a series of write-downs, advance polysilicon payments and declining wafer ASPs.
Integrated PV module manufacturer REC Solar has said that it would migrate all production at its manufacturing facility in Tuas, Singapore to its half-cut PERC cell technology, used for its ‘TwinPeak’ series modules.
PV and electronics equipment manufacturing and automation specialist Manz AG has decided to keep its turnkey CIGS thin-film technology after almost a year of undertaking a strategic review, due to lack of orders.
Equipment manufacturer Foxconn has acquired a 66% stake in Sharp at a reduced price, with the two parties set to hold a press conference this Saturday, 2 April.
Shanghai HIUV New Materials Co has introduced a newly developed ‘pre-crosslinking’ EVA. The G401W EVA, part of a new G Series range is designed specifically for double glass PV modules with the aim of eliminating a series of issues encountered with conventional EVA materials in the lamination process.
Japanese thin-film manufacturer Solar Frontier has heralded a 150MW module supply deal in the US as a major step towards its final decision on building a factory in America.
Leading ‘Silicon Module Super League’ (SMSL) member Trina Solar has officially started ramping its solar cell and module assembly plant in Rayong, Thailand, meeting every milestone on schedule, from groundbreaking to production, according to the company.
Integrated China-based monocrystalline PV producer, Solargiga Energy Holdings as expected from preliminary announcements, reported only a small increase in revenue for 2015, however the company returned to a small net profit, compared to a net loss in 2014.
China-based polysilicon and wafer producer Daqo New Energy reported that external sales volume and cost structure exceeded prior guidance as demand remained strong in the fourth quarter and full year 2015.
Integrated PV manufacturer REC Solar is to invest a total of $200 million Singapore dollars (US$182.3 million) in expanding and upgrading production at its facilities in Singapore. The company also plans to invest a further US$50 million in R&D activities at the Solar Energy Research Institute of Singapore (SERIS), with emphasis on a type of PV module.