Manz gets further €67 million for major CIGS turnkey thin-film order

PV and electronics equipment manufacturing and automation specialist Manz AG has secured another advanced payment for CIGS (Copper, Indium, Gallium, DiSelenide) thin-film manufacturing equipment, which is part of a major production order with Chinese partners, the Shanghai Electric Group and the Shenhua Group.

Manz returns to profitability in 2017

After several years of losses and restructuring activities PV and electronics equipment manufacturing and automation specialist Manz AG posted record revenue and returned to profitability in 2017.

Manz supplied turnkey 306MW CIGS module production plant starts construction

PV and electronics equipment manufacturing and automation specialist Manz AG said the 306MW CIGS module production plant for its Chinese partners, the Shanghai Electric Group and the Shenhua Group had started construction on January 4, 2018 and was expected to be completed by the end of third quarter 2018 with production expected to start in the middle of 2019.

Manz guides full-year revenue to exceed €350 million

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.

Manz expects €129 million in deposits from JV major CIGS thin film order

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 to step aside as CEO

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