Specialist PV manufacturing equipment supplier Amtech Systems is restructuring its solar cell manufacturing equipment business with job losses after China-based customers have pushed-out capacity expansion plans after government cuts were made to downstream solar installation targets as deployments far exceeded goals.
As the solar industry has grown from a 50GW market to 100GW in just a few years, the desire to have differentiated production has increased, especially for companies entering the market or repositioning strategies.
Specialist PV manufacturing equipment supplier Amtech Systems has continued to benefit from a major solar orders placed with the company in 2017 that are continuing conversion to revenue in its fiscal first quarter of 2018.
Specialist PV manufacturing equipment supplier Amtech Systems has reported its best performing quarter since a record peak in 2011, driven by a bifacial N-type technology turnkey line contract from a new customer based in China.
Specialist PV manufacturing equipment supplier Amtech Systems has reported its highest new order intake for solar segment equipment since 2011. New solar orders were US$46.9 million in its second fiscal quarter of 2017.
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.
China-based PV manufacturer Yingli Green Energy and industrial technology partners, Dutch research centre ECN and equipment manufacturer Tempress, a subsidiary of Amtech Systems have fabricated their first IBC (Interdigitated Back Contact) n-type solar cells on 6-inch monocrystalline wafers at the manufacturer's pilot line in China.