SunEdison's share price surged today on news that the company would spin off its semiconductor business from its PV development business. Shares peaked on the New York Stock Exchange at US$8.34 each.
Having gone through a major financial restructuring, SolarWorld is starting to tackle its manufacturing competitive issues with a round of technology upgrades and new product introductions.
Major equipment supplier to the PV industry, Meyer Burger has reported a better than expected order intake in the last six-weeks, citing it as a “turning point in customer behaviour.”
The strategy to diversify its business away from dependence on sectors such as solar is proving to be a significant success for equipment supplier, Manz AG.
First Solar will start a 100MW manufacturing line for crystalline silicon cells for the residential distributed market from the end of next year with production scaling from 2015, it was revealed yesterday.