After several years of losses and restructuring activities PV and electronics equipment manufacturing and automation specialist Manz AG posted record revenue and returned to profitability in 2017.
Leading CdTe thin-film module manufacturer First Solar is increasing its shipment guidance for 2018, due to plans to bring back online 180MW of mothballed Series 4 module capacity at its Perrysburg, Ohio manufacturing facility.
The major manufacturing transition by First Solar to its large-area Series 6 CdTe thin-film module format is well underway and, going by recent management commentary in its fourth quarter 2017 conference call with financial analysts, has increased its tempo slightly, not least due to updated spending plans for the second time in a few months.
Leading solar thin-film manufacturer First Solar is to build a 200MW (AC) PV power plant for Georgia Power’s REDI Program, using over half a million CdTe modules.
PV capital expenditure (capex) in 2018, covering investments into ingot, wafer, cell and module capacity, will grow by almost 25% compared to 2017, passing through the US$10 billion mark, returning to levels last seen back in 2010 and 2011 when investments in turn-key thin-film fabs were a key contributor.
Asset management firm Capital Dynamics, which has just acquired the First Solar and SunPower solar yieldco firm, 8point3 Energy Partners is to own and operate a planned 1GW PV power plant in Nevada, which includes technology infrastructure firm Switch as a major customer for the renewable energy and is based in the state.
Russia-based integrated PV manufacturer Hevel Group, which has switched production from amorphous silicon thin-film technology to silicon heterojunction (HJ) has said it has been successful in ramping to its 160MW nameplate capacity and achieving cell conversion efficiencies of 22.8%.
