By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
PV and electronics equipment manufacturing and automation specialist Manz AG has decided to keep its turnkey CIGS thin-film technology after almost a year of undertaking a strategic review, due to lack of orders.
