Struggling China-based PV manufacturer Yingli Green Energy has avoided another bond default with the payment of approximately US$46 million on one of its five-year unsecured medium-term notes (MTNs) that were due on May 3, 2017.
Specialist semiconductor and PV equipment supplier Intevac reported first quarter 2017 financial results that included a 40% increase in new orders, driven by its largest single order in its Thin-film Equipment segment that includes its solar product offerings with a 12 system follow-on order in March for its solar ‘ENERGi’ implant tools.
The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.
Struggling China-based PV manufacturer Yingli Green Energy has warned of delays in filing its 2016 annual report (Form 20F) with the US Securities and Exchange Commission.
Struggling China-based PV manufacturer Yingli Green Energy, which recently reported an annual loss of US$293.6 million and total debts of US$2.2 billion has received new demands from bondholders over looming payments and partial previous defaults.
Specialist PV manufacturing equipment supplier Amtech Systems has secured a follow-on order for the second phase of a multi-phase 1GW project for high-efficiency n-type PERC and n-type bifacial cell equipment.
‘Silicon Module Super League’ (SMSL) member Trina Solar has secured the second largest order for bifacial modules, according to PV Tech’s analysis. The shipment occurred in April 2017 and is Trina Solar's first order for its bifacial modules.
SNEC 11th (2017) International Photovoltaic Power Generation Conference & Exhibition (SNEC 2017) in Shanghai, China maybe the largest annual exhibition in the solar industry but its sheer size and number of attendee’s can often mask emerging trends that are better highlighted at other events such as Solar Power International (SPI) in the US.
Atlanta-based solar panel manufacturer Suniva has officially filed for Chapter 11 bankruptcy blaming overcapacity due to a mass influx of cheap solar panels in Asia, undercutting domestic production.
High-efficiency PV module manufacturer Jinneng Clean Energy Technology (Jinergy) said it would be starting mass production of its N-type monocrystalline bifacial heterojunction (HJ) modules, which were showcased at its Technology Developer Forum ahead of SNEC 2017 in Shanghai, China.
