The provisional insolvency administrator of the German module manufacturer is now in talks with a potential investor for the acquisition of the company’s German manufacturing facilities in Freiberg and Arnstadt. Around 1,200 employees will be transferred to a transitional company.
Country’s Directorate General of Anti-Dumping states that it has identified a causal link between dumping and injury of Indian firms, enough to warrant the initiation of the investigation.
A report published by German engineering federation VDMA reveals strong demand for solar production equipment, with order intake in the first quarter of 2017 tripling over the previous quarter. The book to bill ratio of orders to delivered systems hit the ‘very high’ level of 4.4 for the first quarter of 2017
Data from the China Photovoltaic Industry Association (CPIA) reveals a 25.9% rise in solar module production over the first six months of the year, reaching 34 GW. Q2 utilization rates stood at 85%, data shows.
Swiss PV equipment supplier Meyer Burger has received a further order for its MAiA PERC production platform SiNA cell coating system from an existing customer based in Asia. The combined contract for both technologies amounts to CHF 22 million ($23.2 million).
While it has been slow to gain major traction in manufacturing, Meyer Burger’s SmartWire cell interconnection technology now has a significant reference application, in the form Polish manufacturer Hanplast.
The Norwegian polysilicon producer saw its revenue drop slightly Y-o-Y to $61.0 million in the latest quarter. Average solar grade polysilicon prices, on the other hand, dropped by 6.9% from the previous quarter.
Swiss equipment supplier Meyer Burger today announced the launch of its new MAiA EVO system, and the receipt of the first order for the system from PERC manufacturer LONGi Solar Technology. The tool is set to be delivered in the second half of 2017.
Solargiga Energy’s shipments of PV cells, solar panels, silicon ingots and wafers reached 1.16 GW in the first half of 2017, up nearly 55% year on year. Revenue from its production business rose 16.2% on the year to CNY 1.97 billion ($291.6 million), according to unaudited preliminary operating statistics filed to the Hong Kong stock exchange.