manz ag

PV and electronics equipment manufacturing and automation specialist Manz AG said it expected to generate revenue of at least €350 million in 2017, including significantly improved and positive EBIT as it starts execution of its large CIGS thin-film orders.

Specialist PV manufacturing equipment supplier Singulus Technologies has secured a new follow-on order with an unidentified customer in Germany for several CIGS thin-film sputtering tools.

PV specialist equipment supplier centrotherm has secured a number of sputtering systems tool orders for two turnkey CIGS thin-film facilities being supplied by equipment and automation specialist Manz for JV customers Shanghai Electric Group and Shenhua Group.

PV and electronics equipment manufacturing and automation specialist Manz AG has received a further €64.3 million pre-payment on CIGS thin-film equipment from Chinese JV partners Shanghai Electric Group and Shenhua Group.

PV and electronics equipment manufacturing and automation specialist Manz AG has received €50 million from Chinese JV partners Shanghai Electric Group and Shenhua Group for turnkey CIGS thin-film production lines with a further €79 million also expected in May to start work on its largest ever equipment order.

Dieter Manz, the founder and CEO of tool maker Manz, will step aside taking a role on the company’s supervisory board.

This week's Movers & Shakers focuses on big career moves in Germany, India and the US. SMA Americas plans a major push into the US market, the International Solar Alliance welcomes a new interim director and India's Hartek Group takes on BHEL's Jeet Chhatwal to develop innovative automated systems and procedures for day-to-day activities which further improve productivity and bring more efficiency.

PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in January, 2017 have remained subdued and continue the trend set in the second-half of 2016.

PV and electronics equipment manufacturing and automation specialist Manz AG has finally secured the largest equipment order in the history of the company after securing orders for two turnkey CIGS production lines totalling 350MW nameplate capacity with China-based Shanghai Electric Group and Shenhua Group.

PV and electronics equipment manufacturing and automation specialist Manz AG has said that expected ‘CIGSfab’ purchase orders that would be the largest in the history of the company have been delayed and not expected to be signed in 2016.