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 solar PV equipment supplier centrotherm International has reported first half 2017 photovoltaics and semiconductor segment equipment order backlog of nearly €141 million as well as securing CIGS thin-film tool orders from Manz for turnkey line projects in China.
According to the Financial Times, Hanergy Holding Group plans to build a 300MW CIGS thin-film production plant in partnership with the local government Datong City and Datong Coal Mine Group as part of a wider initiative on developing a solar industry development cluster.
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.
Specialist PV manufacturing equipment supplier Singulus Technologies has stated that its unidentified customer in China that ordered CIGS thin-film tools in March, 2017, said to be valued at over €20 million has reduced the order to around €10 million.
4JET microtech has developed a high throughput solution that enables laser edge deletion, bus bar exposure and via drilling operations of CIGS glass substrates. Each of the new MPCT (Mass Production Combi Tool) units can process 100MW of typical CIGS substrates per annum, thereby reducing the number of backend processing stations when compared to conventional solutions.
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.
The production volume of solar PV panels based on thin-film deposition of semiconductor materials on large-area glass panels is set to hit a seven-year low in 2017, in spite of the end-market demand for solar panels increasing by a factor of three over the same time period.
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.