Applied Materials reported a surprise GAAP operating loss for its Energy and Environmental Solutions (EES) segment of US$322 million that included impairment charges of US$278 million. Non-GAAP operating loss was US$34 million.
Citing improved margins against very tight capital expenditure control, PV module manufacturers are increasingly outsourcing part of their production needs, benefiting the likes of Flextronics, Jabil Circuits and JA Solar, according to a new report from IHS.
Adding to its US$1 billion, five-year financing deal with JinkoSolar, China Development Bank (CDB) has signed a US$58 million loan agreement with the module manufacturer to fund PV power plant projects in China.
Tawian-based polysilicon producer, Powertec Energy Corporation has signed a follow-on deal with GT Advanced Technologies to purchase polysilicon technology and equipment for a second-phase capacity expansion.
The European Commission’s anti-dumping investigation into PV modules shipped into EU countries from China is having a major impact on module availability and forcing distributors, project developers and installers to alter purchasing decisions, PV-Tech can reveal.
After the recent resignation of Michael Wilhelm in his position as Sunways chairman, LDK Solar, Sunways majority shareholder has appointed Mario Zen in the vacated position.
Silicon manufacturer Dow Corning and start-up Crystal Solar have announced a business relationship to develop high-performance silicon-based materials for PV cells and modules.
