Key Taiwan-based wafer producers Green Energy Technology (GET), Sino-American Silicon (SAS) and Danen Technology delivered mixed sales results for September, 2016, yet the underlining trend remained weak demand and ASP pressures.
Meco Equipment Engineers, a subsidiary of BE Semiconductor Industries provides its Cell Plating Line (CPL) for a wide variety of next-generation solar cell architectures migrating from silver to copper contacts, which drastically reduces the high metallization costs associated with Interdigitated Back Contact (IBC) and heterojunction cells.
Leading PV manufacturing equipment supplier Meyer Burger Technology said it had been awarded new tool orders from two existing customers in Europe and Asia valued at CHF15 million (US$15.3 million).
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has withdrawn its earnings forecast for fiscal year 2016, due to PV manufacturers postponing capital expenditure (capex) plans on overcapacity and rapid price declines.
Crystal growth equipment supplier GT Advanced Technologies (GTAT) said it had accepted the resignation of CEO, Dave Keck and appointed board member and former employee, Greg Knight as its new CEO.
Dow Chemical’s polyolefin elastomer (POE) technology used for critical PV module encapsulation applications under its ‘ENGAGE’ POE brand are designed to provide improved electrical performance and moisture resistance.
Integrated PV module manufacturer REC Group has said it has trimmed its global workforce by 3%, or around 65 jobs out of approximately 2,200 employees.
Swedish CIGS thin-film equipment supplier Midsummer said it had secured a follow-on order from an undisclosed customer for its flexible CIGS thin-film process tool.
US-based high-efficiency integrated PV manufacturer Mission Solar Energy is reportedly to close its N-type mono solar cell line with the loss of 87 jobs and focus on module assembly to remain competitive.
Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lowering its operating cost base by CHF 50 million per annum and reducing its workforce by around 16% by the end of 2016.
