Hungary: EcoSolifer’s 100 MW HJT cell production line back on track
The vertically integrated Swiss company has announced work on its 100 MWp heterojunction PV cell manufacturing plant in Hungary is back on track, following a successful company restructuring. Originally, it was set to be online in 2016.
PV division carries Manz thanks to big CIGS order from China
With capital projects CIGSfab and CIGSlab – according to the PV equipment provider – on schedule, Manz expects big follow-up orders from its Chinese customers as solar provided the highlight of the parent company’s first-half figures.
India set to add almost 60 GW of new solar by 2023
A combination of national, state and public body commitments could see the amount of PV added nationally treble on the last four-year period. But even with a new 7-8 GW added, rooftop solar will still be bringing up the rear.
The weekend read: Cells of the future
For solar to survive in a world without feed-in tariffs, further innovation focused on cost reduction is necessary. In this white paper, scientists from Swiss equipment supplier Meyer Burger argue that high efficiency cell concepts, and in particular heterojunction, will be among the best technologies solar can bet on to achieve this.
Solar cell prices decline in reaction to safeguard duties, impending MIP decision
“Significant” price movements in solar PV cells has been observed this week, in reaction to India’s safeguard duties, and the impending MIP decision, says EnergyTrend. Module, wafer and polysilicon prices, however, remain stable. In contrast, prices for li-ion batteries are set to increase by as much as 15% in Q3.
PV Crystalox receives €28 million in compensation
The British wafer manufacturer has reached a settlement agreement on unfulfilled long-term wafer supply contracts with a customer. The unnamed manufacturer has to pay €28.8 million to PV Crystalox.
SunPower borrows $110 million to refinance
The PV manufacturer plans to pay off the high-interest ‘mezzanine loan’ with revenue from its residential lease portfolio.
Meyer Burger posts positive earnings for first half of 2018
The solar manufacturing equipment maker has posted an EBIT of US$15 million for the six-month period. It marks a return to profitability for the Swiss company, after major restructuring and cost optimization programs over the past 18 months.
Hanergy is back on the expansion trail with plans for Brazil fab
The thin-film specialist has met representatives of the municipality of Uberaba, in the west of the state of Minas Gerais, to discuss project details. Planned investment may reach $1 billion as the Chinese manufacturer, like its peers, targets overseas markets.
ET Solar joins forces with cash-rich rival to drive exports
With a wave of consolidation predicted, the module manufacturer has announced a strategic partnership which will see it open up its overseas sales network and scale to smaller peer Tunghsu Kangtu.
