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Having turned and continue to remain cautious about its business outlook for the second-half of 2017, JA Solar reported second quarter results that simply defied previous guidance, driven by greater than expected demand in China and a start of a rush to stockpile in the US.
Taiwan-based PV cell and module manufacturer Motech Industries continued a fourth consecutive quarterly loss, yet losses declined on increased solar cell shipments in the second quarter of 2017.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
Specialist PV manufacturing equipment supplier Amtech Systems is planning a new share offering to raise around US$9.3 million, which could be used for potential acquisitions.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
Newly formed German PV module manufacture SolarWorld Industries GmbH has officially started production, according to the insolvency administrator for SolarWorld AG.
Leading PV manufacturing equipment supplier Meyer Burger has reported a 15% increase in new orders in the first half of 2017, driven by a strong technology buy-cycle in wafer and solar cell sectors.
US-headquartered high-efficiency PV cell and module producer SunPower Corp said it had invested around US$25 million in the last 12-months on a new US R&D and pilot line facility located at its headquarters in San Jose, California.
Solar PV cell and module ribbon interconnect supplier Ulbrich Solar Technologies has closed its production operations in Hillsboro Oregon, due to operating difficulties of SolarWorld Americas after parent company SolarWorld AG went into insolvency proceedings.
Struggling US-headquartered solar PV encapsulant producer STR Holdings foray into recapturing market share by producing in China has come to an end with the closure of its manufacturing operations in the country.
Specialist PV manufacturing equipment supplier Amtech Systems has reported its best performing quarter since a record peak in 2011, driven by a bifacial N-type technology turnkey line contract from a new customer based in China.
China-based polysilicon producer Daqo New Energy reported lower than expected revenue, gross profit and margins as polysilicon supply and demand dynamics proved volatile in the second quarter of 2017.
Key manufacturing and R&D assets of bankrupt German integrated PV module manufacturer SolarWorld AG have been acquired by its former founder and chairman, Dr. Ing. Eh Frank Asbeck.
Nanoelectronics research centre imec has taken a perovskite/silicon tandem mini-module-on-cell stack to a record 23.9% conversion efficiency, significantly exceeding its 20.2% efficiency figures reported in 2016.
