Oil and gas company Total has proposed to buy battery company Saft, which produces devices for the stationary storage industry as well as for transport and other applications.
Specialist PV manufacturing equipment supplier Amtech Systems reported continued success in securing new solar equipment orders in its second fiscal quarter of 2016, the highest bookings since the March quarter of 2011.
Insolvent German-based PV module manufacturer Solar-Fabrik said that German PV installer HSL Laibacher GmbH is expected to purchase one of its assembly lines (No.3) and resume module production at its own facilities in Aschaffenburg, under the Solar-Fabrik brand.
UK developer Hive Energy has continued its international push with the announcement of new regional headquarters in Madrid – the company’s fourth overseas office to open since September 2015.
CIGS thin-film module producer Avancis has reported a record conversion efficiency of 17.9% with a 30x30 cm² champion mini-module, certified by Fraunhofer ISE.
Solar PV and polysilicon manufacturing equipment specialist centrotherm said that its current order backlog stood at over €146 million (US$165 million) at the end of the first quarter of 2016.
Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.
