Jolywood posts 133% increase in 2017 revenue

Major PV module materials and N-type mono IBC (Interdigitated Back Contact) bifacial module manufacturer Jolywood has reported preliminary unaudited 2017 financial results, posting an increase in revenue of 133.68%.

First Solar ramping Series 6 capex as R&D spending declines

The major manufacturing transition by First Solar to its large-area Series 6 CdTe thin-film module format is well underway and, going by recent management commentary in its fourth quarter 2017 conference call with financial analysts, has increased its tempo slightly, not least due to updated spending plans for the second time in a few months.

SunPower to reduce workforce by 3% in new restructuring round

US-headquartered high-efficiency PV module producer SunPower Corp has announced plans to reduce its workforce by 3%, due to the Section 201 trade case decision by US President Trump to impose new import tariffs of solar cells and modules imported into the country.

Trina Solar takes n-type mono IBC cell to record 25.04% conversion efficiency

‘Silicon Module Super League’ (SMSL) member Trina Solar has set a new record 25.04% conversion efficiency for an N-type monocrystalline IBC (Interdigitated Back Contact) solar cell at its State Key Laboratory (SKL) of PV Science and Technology (PVST) that was independently certified by Japan Electric Safety and Environmental Technology Laboratory (JET).

Intevac’s solar ion implant tool delivery dates slide again

Specialist semiconductor and PV equipment supplier Intevac is still having issues securing delivery dates for an order for 12 ‘ENERGi’ solar ion implant tools to a customer in China, which is planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules.

SunPower’s net losses to extend through 2018

US-headquartered high-efficiency PV module producer SunPower Corp reported better than guided third quarter financial results but narrowed 2017 full-year guidance and continued net losses for the year and through 2018 highlight the competitive challenges faced by the niche player.

SunPower running scared of First Solar

Documents filed by US-headquartered high-efficiency PV cell and module producer SunPower Corp to the US International Trade Commission (ITC) in respect to the ‘Section 201’ trade case show that SunPower wants thin-film modules made by First Solar included in any remedy actions, while pitching for its IBC (Interdigitated back contact) cells and modules to be excluded.

10 years of R&D spending analysis of 12 key PV module manufacturers

PV Tech reached its own little milestone of having reported and analysed the R&D spending habits of the same 12 key PV module manufacturers for 10 years. The results have just been published in sister technical journal Photovoltaics International as part of the annual leaders and laggards of R&D spending for 2016.