Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
PV manufacturing equipment specialist 3D-Micromac said it had booked over 1.5GW of orders related to its microCELL TLS (Thermal Laser Separation) high-throughput half-cell cutting tools since the beginning of the year. The company is exhibiting and showcasing its laser systems at SNEC 2017 in Shanghai, China.
High-efficiency PV module manufacturer Jinneng Clean Energy Technology (Jinergy) said it would be starting mass production of its N-type monocrystalline bifacial heterojunction (HJ) modules, which were showcased at its Technology Developer Forum ahead of SNEC 2017 in Shanghai, China.
GCL System Integration Technology (GCL-SI), leading global solar cell manufacturer and developer has obtained IEC certification from technical service provider TÜV Rheinland for its GCL-P6/72 Multi-Busbar (MBB) module.
Bolymedia Holdings, a high-tech manufacturing firm headquartered in Silicon Valley, California, revealed its fourth patented renewable energy technology product at this year’s SNEC Expo in Shanghai.
Struggling China-based PV manufacturer Yingli Green Energy reported a full-year 2016 net loss of US$293.6 million with the majority of losses attributed to manufacturing impairment and supplier bad debt provisions incurred in the fourth quarter of 2016.
PV Tech’s preliminary analysis of global solar PV manufacturing capacity expansion announcements in the first quarter of 2017, show a strong rebound compared to the significantly subdued environment experienced in the second half of 2016.