PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics has withdrawn its earnings forecast for fiscal year 2016, due to PV manufacturers postponing capital expenditure (capex) plans on overcapacity and rapid price declines.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.
Major Korea-based polysilicon producer OCI Company said it would make a final decision on acquiring Tokuyama’s Malaysian polysilicon operations by the end of March 2017.
Cogenra Solar, a subsidiary of US-based high-efficiency module manufacturer SunPower, has filed a lawsuit against SolarCity over claims of IP (Intellectual Property) theft and infringement over its direct solar cell to cell contact technology that is often described as an overlapping shingle-like pattern.
3D-Micromac’s ‘microCELL’ TLS is a highly productive laser system for separation of standard silicon solar cells into half cells. The microCELL TLS meets cell manufacturers demands for retaining the mechanical strength of the cut cells.