Xinyi Solar posts $160.5 million profit in H1
Chinese PV developer and EPC specialist Xinyi Solar recorded a net profit of HK$1,254.9 million ($160.5 million) in the first half of 2017, up 12.5% from the preceding year, as its downstream unit’s cumulative installed capacity passed the 1 GW mark.
India’s Heavy Engineering enters solar module production
The Indian industrial conglomerate is currently planning to build a 150 MW vertically integrated PV panel manufacturing facility.
Netherlands’ Prisma Systems offers to acquire SolarWorld
The Ducth solar company has confirmed to pv magazine that it has sent a takeover proposal to SolarWorld’s insolvency administrator last week.
Intevac’s revenue and profits pushed up by thin-film equipment sales
The California-based equipment supplier sold one Matrix solar ion implant system and two Energi solar implant systems during the second quarter of this year.
Hanergy unveils new rooftop PV product
Hanergy Thin Film Power (HTF) has announced the release of Hantile, a new CIGS thin-film solar product that can be integrated with roofing materials.
NPC Incorporated posts 346% revenue growth in first nine months of fiscal year ending 8/2017
The Japanese equipment provider also reported a profit of JPY 446 million ($4.0 million) for the first three quarters of the current fiscal year.
GCL-SI launches 600 MW PERC production in Vietnam
China’s GCL System Integration Technology (GCL-SI) and Vina Solar have started manufacturing PV cells in Vietnam, with annual output estimated at 600 MW. Roughly 330 MW of their total output capacity has been reserved for passivated emitter rear contact (PERC) solar cells.
Recom resumes manufacturing activities at French factory
The German-headquartered solar manufacturer, which acquired the manufacturing facility from insolvent French module maker Sillia in June, said the factory has already orders totaling 20 MW.
India: Premier Solar establishes 200 MW solar module manufacturing facility
The Indian manufacturer is reported to have completed a fully automatic solar module manufacturing plant in Sangareddy district of the Indian state of Telangana.
Open letter for preservation of EU solar industry receives further support
More than 100 research centers, associations and companies have signed the letter.
