Taiwan-based cell and module producer Neo Solar Power (NSP) is not expecting a recovery in sales until fourth quarter of 2017, due to a series of market forces impacting its business.
With its parent company SolarWorld AG and German-based subsidiaries at the early stage of insolvency proceedings, US subsidiary SolarWorld Americas Inc., has said for the first time since its parent company went bankrupt that it was planning to operate its manufacturing plant in Hillsboro, Oregon and other operations as normal.
SolarWorld AG's insolvency will not impact the continuation of the minimum import price (MIP) with the extension of the measures already enshrined in law by the European Commission.
US-headquartered high-efficiency PV module producer SunPower reported a first quarter 2017 net GAAP loss of US$134.5 million, while guiding further losses of between $110 million to $135 million for the second quarter of the year as the company transitions its business model.
Heraeus Photovoltaics has introduced specially developed metallization pastes for ‘knotless screen’ printing of solar cells. The new SOL9641AX/BX series is designed to realise the full advantages of knotless printing screens and were developed in close collaboration with screen vendors and customers.
‘Silicon Module Super League’ (SMSL) member Trina Solar has reported a verified N-type monocrystalline Interdigitated Back Contact (IBC) solar cell with a conversion efficiency of 24.13%. Japan Electrical Safety & Environment Technology Laboratories (JET) verified the results.
DuPont Photovoltaics Solutions has introduced ‘Solamet’ PV20A the newest innovation to its Solamet photovoltaic metallization paste range that is designed for both Lightly Doped Emitter (LDE) and Passivated Emitter Rear Cell (PERC) P-type solar cell construction.
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.
