Struggling China-based PV manufacturer Yingli Green Energy has reported a full-year 2015 net loss of US$864.6 million on revenue of US$1,538.5 million. The company had recently guided a net loss in the range of US$894.1 million to US$909.7 million.
China-based polysilicon production Daqo New Energy Corp said polysilicon shipments to third-parties would continue to decline as in-house wafer production continued to expand and its polysilicon facilities running at full-capacity.
Crystal growth equipment supplier GT Advanced Technologies (GTAT) is re-entering the Directional Solidification System (DSS) furnace market for multicrystalline ingot production with the launch of a new product offering.
Sweden-based thin-film production equipment specialist Midsummer said it had secured a second ‘DUO’ flexible CIGS (copper, indium, gallium and selenium) thin-film solar cell sputtering tool order from an existing customer based in Asia.
R&D group Solliance, which includes ECN, imec, TNO, Holst Centre and industrial partners such as Nano-C, Solartek, DyeSol and Panasonic have succeeded in producing a record 10% aperture area power conversion efficiency for an ‘up-scaled’ thin-film perovskite photovoltaic module.
The world’s largest polysilicon producer, GCL-Poly Energy has cited technical issues with its planned ramp of FBR (Fluidized Bed Reactor) technology, according to reports.
Oil and gas company Total has proposed to buy battery company Saft, which produces devices for the stationary storage industry as well as for transport and other applications.
Specialist PV manufacturing equipment supplier Amtech Systems reported continued success in securing new solar equipment orders in its second fiscal quarter of 2016, the highest bookings since the March quarter of 2011.
Global maker of construction and mining equipment Caterpillar has launched an integrated micro-grid solution which combines solar PV and energy storage with the company’s power generation equipment.