Polysilicon producer REC Silicon expects its FBR (Fluidized bed reactor) polysilicon production to decline 42% in the third quarter of 2018, after recently announcing further cuts in workforce and production at its Moses Lake facility that would operate at only 25% utilisation rates. The company noted that it was evaluating the possible suspension of all of its solar related materials business in the US.
Major PV metallization paste producer Heraeus Photovoltaics has announced that its President, Andreas Liebheit has already stepped down from his position, due to personal reasons.
Leading CdTe thin-film PV module manufacturer First Solar held a ground breaking ceremony on 8 June 2018 for the construction of its new 1.2GW manufacturing plant near its existing flagship facility in Perrysburg, Ohio.
US-headquartered high-efficiency solar module manufacturer SunPower Corp has announced that its long-term Executive Vice President and Chief Financial Officer, Charles D. Boynton would leave the company on July 1 for other career opportunities.
So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it had discontinued its ingot and wafer manufacturing operations in the fourth quarter of 2017, due to the wafer operations being unprofitable.
German-based monocrystalline PERC (Passivated Emitter Rear Cell) PV module manufacturer SolarWorld Industries has filed for bankruptcy a second time in less than a year.
‘Silicon Module Super League’ (SMSL) member JA Solar has announced that its long-serving CFO, Herman Zhao has left the company, effective March 27, 2018.