The revival of European thin-film manufacturing equipment suppliers in 2017 proved to be remarkable and more importantly is expected to continue through 2018 as the solar industry works through a wave of new orders, primarily from China, Malaysia and Vietnam.
Specialist PV manufacturing equipment supplier Singulus Technologies said that its major CIGS (Copper-Indium-Gallium-Diselenide) thin-film module customer in China, China National Building Materials (CNBM) had secured a minority interest in the company.
Specialist PV manufacturing equipment supplier Singulus Technologies has secured another order from a customer in China for its TENUIS II wet-chemical coating process tools.
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.
Specialist PV manufacturing equipment supplier Singulus Technologies expects to double sales in 2017 after its new order backlog in 2016 reached €109.9 million, a 310% increase over the previous year.
Specialist PV manufacturing equipment supplier Singulus Technologies said it had received the next contractually agreed pre-payment from the Chinese state-owned enterprise China National Building Materials (CNBM), owner of CIGS thin-film manufacturer, AVANCIS.
Specialist PV manufacturing equipment supplier Singulus Technologies said it had issued new shares valued at around €8 million to provide liquidity for supplying CIGS thin-film production equipment orders and the development of heterojunction (HJ) solar cell processing tools after securing an (MOU) with Golden Concord Holdings, majority share holder in GCL-Poly and GCL System.
A major €110 million (US$123 million) tool order for Singulus Technologies CIGS thin-film production equipment with China National Building Materials (CNBM), owner of module manufacturer AVANCIS, could finally proceed, as the equipment supplier expects an unspecified ‘pre-payment’ was due in the next few day(s).
