Struggling Japanese electronics giant, Sharp Corporation reported continued weakness in its Energy Solutions business unit that includes its solar segment with revenue down 42.2% in the first nine months of its financial year, compared to its previous year results.
High-technology equipment manufacturer Intevac said it was tracking around 5GW of high efficiency n-type monocrystalline solar cell capacity expansions that are expected through 2020, providing a market opportunity for its ‘MATRIX’ platform of around US$175 million.
Taiwan-based merchant solar cell producer Solartech Energy Corp reported almost a 10% decline in sales for January, 2016, marking a line under record sales achieved in December, 2015.
PV module assembly equipment specialist Spire Corporation said it would focus on the turnkey PV manufacturing segment after completing the sale of its sun simulator business to Eternal Sun.
Major polysilicon producer Wacker Chemie said that its new polysilicon plant in the US had started ramping and existing plants remained at full-capacity despite continued price declines that have reached record lows.
China-based PV manufacturer and project developer Hareon Solar Technology said in a financial filing that it expected to report a small profit in 2015, avoiding delisting from the Shanghai Stock Exchange (SSE) in the process after stemmed three years of consecutive losses.
PV module manufacturer China Sunergy (CSUN) reported a strong recovery in total shipments and revenue for the third quarter of 2015, driven by strong module demand in China.
The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
PV module lamination equipment specialist Bürkle has secured an order from India-based PV module manufacturer and project developer, Emmvee Photovoltaic Power for two of its high-volume multi-opening Ypsator 2022-6 SL laminators.