The company’s latest restructuring will involve losing roughly 3% of its global workforce, all in “non-manufacuring” positions.
Turkey recorded its best year to date for levels of solar PV installations, adding 1.79 GW of capacity in 2017. On the back of this, pv magazine takes a look at the most active players in the Turkish PV module market.
Italian solar equipment manufacturer, Ecoprogetti has finalized an order for a 250 MW PV production line in Vietnam. The glass-backsheet line will be installed by June 2018, according to to the company.
The company, which was one of Europe’s largest OEM module manufacturers, has decided to close its Polish manufacturing facility, due to an expected drop in demand.
The monocrystalline cells from the Korean manufacturer will be shipped to the French subsidiary of Chinese solar company, Upsolar.
The manufacturing facility is planned to be built in Russia’s Astrakhan region thanks to an investment of 1.5 billion RUB (around US$26.5 million).
As a first phase, Topaz Solar Private Limited has said it will set up a 500 MW solar PV module manufacturing facility in India’s northeastern state of Odisha. Production begin is aimed for 2019. It will seek to increase this capacity by another 700 MW, and add 500 MW of cell manufacturing under a second phase.
German PV equipment manufacturer, teamtechnik today announced that it has received an order for its TT1400 ECA stringer from an Italian PV manufacturer. The tool will be integrated into a line producing high efficiency heterojunction PV modules.
Company confirms Panasonic’s HIT modules to be fitted with Enphase Energy’s new IQ7X Microinverter as part of the partnership, while Enphase’s new IQ7X microinverter due to be released in May in North America, Enphase confirms.
Norwegian headquartered manufacturer, REC Silicon has posted revenue of $78 million for the fourth quarter of 2017, a 3.4% increase over the previous quarter’s $75.5 million. The company also increased its EBITDA to $10.3 million, up from $3.6 million the previous quarter.
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