Loss-making flexible CIGS thin-film producer Ascent Solar Technologies has raised new financing from a private investor to support repayment of its outstanding senior secured notes.
PV furnace equipment specialist Tempress Systems a subsidiary of Amtech Systems has said it has won an order from a new customer in Taiwan, a repeat order from an existing Taiwanese customer and installed approximately 800MW of its next-generation diffusion systems at a leading Chinese solar cell and module manufacturer.
'Silicon Module Super League' member Canadian Solar is to allocate around US$401 million in capital expenditures through the end of 2016 to significantly increase in-house wafer, cell and module production capacity and locate new plants in multiple countries.
Taiwan-based wafer producer, Sino-American Silicon (SAS), has reported sales in October 2015 of NT$2,335 million (US$71.3 million), down 5.59% on the previous month.
Market research firm IHS has forecasted a slowdown in global solar PV demand growth in 2016 but the market is expected to reach around 65.5GW, compared to 58.7GW forecasted for 2015.
PV and electronics equipment manufacturing and automation specialist Manz AG has reported revenue in the first nine months of 2015 of €169 million, in line with lower guidance due to order delays and cancellations of around €140 million.
According to PV Tech’s preliminary analysis of global PV manufacturing expansion plans for the month of October 2015, new announcements reached 1.1GW in relation to thin film, c-Si solar cell and module assembly.
