Updated: Major PV energy provider SunPower is to ramp Cogenra Solar’s module technology to 2GW by 2020 and only a further 800MW of its ‘Maxeon’ solar cell technology at its new facility, Fab 5 that it expects to ramp in early 2019.
PV manufacturer Zhongli Talesun has become the first of a wave of Chinese firms planning to establish manufacturing operations in Thailand to begin production in the Southeast Asian country.
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.
