Struggling China-based PV manufacturer Yingli Green Energy has avoided another bond default with the payment of approximately US$46 million on one of its five-year unsecured medium-term notes (MTNs) that were due on May 3, 2017.
Specialist semiconductor and PV equipment supplier Intevac reported first quarter 2017 financial results that included a 40% increase in new orders, driven by its largest single order in its Thin-film Equipment segment that includes its solar product offerings with a 12 system follow-on order in March for its solar ‘ENERGi’ implant tools.
The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.
Struggling China-based PV manufacturer Yingli Green Energy has warned of delays in filing its 2016 annual report (Form 20F) with the US Securities and Exchange Commission.
Trina Solar has launched its high-efficiency P-type mono-PERC (Passivated Emitter Rear Cell) bifacial module ‘DUOMAX Twin.’ The modules have a 0~+5W positive power tolerance and have a 285-300W power range with 18% maximum conversion efficiency.
Struggling China-based PV manufacturer Yingli Green Energy, which recently reported an annual loss of US$293.6 million and total debts of US$2.2 billion has received new demands from bondholders over looming payments and partial previous defaults.
India will add 9,812MW of solar PV this year, according to the latest quarterly market update from Mercom Capital Group, which is significantly up from the 9,020MW that the consultancy previously forecast in January this year.
Specialist PV manufacturing equipment supplier Amtech Systems has secured a follow-on order for the second phase of a multi-phase 1GW project for high-efficiency n-type PERC and n-type bifacial cell equipment.
‘Silicon Module Super League’ (SMSL) member Trina Solar has secured the second largest order for bifacial modules, according to PV Tech’s analysis. The shipment occurred in April 2017 and is Trina Solar's first order for its bifacial modules.
