centrotherm international

Specialist solar PV equipment supplier centrotherm International’s woes have multiplied in the second-half of 2017 as the company plans to liquidate a segment of its polysilicon equipment and engineering subsidiary, SiTec GmbH and deconsolidate the entire subsidiary.

Specialist solar PV equipment supplier centrotherm International has reported first half 2017 photovoltaics and semiconductor segment equipment order backlog of nearly €141 million as well as securing CIGS thin-film tool orders from Manz for turnkey line projects in China.

Specialist solar PV equipment supplier centrotherm has warned that it is unlikely to be profitable in 2017, due to the loss of an arbitration case against a cancelled €290 million integrated (wafer/cell/module) plant in Algeria.