Singulus books over US$48 million in new CIGS thin-film production tool orders

Facebook
Twitter
LinkedIn
Reddit
Email
Singulus noted that major customer China National Building Materials (CNBM) had signed a contract in late December, 2017 for the delivery of five ‘CISARIS’ selenization machines for its plant in Bengbu, Anhui province to expand capacity from 150MW to 300MW. CNBM has plans to expand production to 1,500MW in the future, according to the company. Image@ Singulus

Specialist PV manufacturing equipment supplier Singulus Technologies has booked over €40 million (US$48.5 million) in new CIGS (Copper-Indium-Gallium-Diselenide) thin-film manufacturing equipment orders in 2018. 

Dr.-Ing. Stefan Rinck, Chief Executive Officer said, “Our company has received in the first months of 2018 already prepayment with a order volume over €40 million for CIGS production equipment. We are thus able to further expand our leading position for the delivery of production machines for CIGS solar modules. Our order backlog currently exceeds €130 million.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Singulus noted that major customer China National Building Materials (CNBM) had signed a contract in late December, 2017 for the delivery of five ‘CISARIS’ selenization machines for its plant in Bengbu, Anhui province to expand capacity from 150MW to 300MW. CNBM has plans to expand production to 1,500MW in the future, according to the company. 

Singulus also noted that in recent days it had signed an agreement as well as payment from a subsidiary of a large, stock-listed energy company that also manufacturers PV modules in China for its TENUIS II, CIGS & CdTe wet-chemical coating process tools, valued at €10 million (US$12.1 million). 

According to PV Tech’s recent analysis of capacity expansion announcements in 2017, a total of almost 4GW of new thin-film production plans were revealed, up from just over 1GW in 2016, which supported a revival in the fortunes of European thin-film manufacturing equipment suppliers such as Singulus, Manz and von Ardenne. 

According to PV Tech’s recent analysis of capacity expansion announcements in 2017, a total of almost 4GW of new thin-film production plans were revealed, up from just over 1GW in 2016.
27 June 2024
9am BST
FREE WEBINAR -This special webinar will take a deep dive into the latest PV ModuleTech Bankability Ratings pyramid, capturing the relative bankability status of the top 70-80 PV module suppliers globally. In addition to revealing the latest ranking of global PV module suppliers, PV Tech’s Head of Research, Finlay Colville, will show the depth of analysis and commentary included within the report for module suppliers. A key output from the webinar will be to learn which PV module suppliers have moved up the rankings pyramid in recent years and why this growth has been achieved. Conversely, some of the companies that have fallen down the rankings will be discussed, in particular those suffering from market-share losses and financial problems.

Read Next

June 14, 2024
PV Tech's coverage of the SNEC 2024 trade show continues on day two, kicking off with a discussion with GCL System Integration.
June 13, 2024
PV Tech's coverage of the SNEC PV Power expo 2024. We are reporting live from the exhibition floor at the world's biggest PV trade show.
June 11, 2024
China’s surge is not just a ripple but a tidal wave, with over US$450 billion in surplus factory investment threatening to flood the market over the next three years.
June 11, 2024
JA Solar tops the list with the score of 82.9 out of 100, followed by Trina Solar (81.7), JinkoSolar (80.8) and Canadian Solar (78.5).
June 7, 2024
Chinese solar manufacturing giant LONGi Green Energy has addressed rumours it is planning to shut down production at its facilities in Southeast Asia in response to US import tariffs coming into force.
June 6, 2024
Investment in solar PV is expected to surpass all other generation technologies combined with over US$500 billion, according to a report from the International Energy Agency (IEA).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia