INDEOtec receives PECVD equipment order from Saudi university
The Swiss equipment company will provide its OCTOPUS II PECVD/PVD platform to King Abdullah University of Science and Technology (KAUST) in Saudi Arabia.
Chint signs framework agreement to build solar factory in Brazil
The Chinese module maker has signed an agreement to set up a solar module manufacturing facility in Brazil. The local government hopes the new factory will attract more investments.
Meyer Burger to shut-down U.S. diamond wire production
The Swiss equipment provider has announced a plan to close production for its diamond wire platform in Colorado. The company blames global pressure on prices and margins. Meanwhile, its preliminary financial results for 2016 show a 40% increase in sales.
REC Solar module shipments for 2016 exceed 1.2 GW
The Norwegian solar manufacturer saw its module shipments increase 9% year-on-year to 1,266 GW in 2016. A strong fourth quarter was the main driver for this performance. Americas accounted for about 53% of the company’s shipments last year, while in the EMEA and APAC markets REC Solar sold 32% and 15% of its products, respectively.
Meyer Burger continues strong start to 2017 with $23.7 million PERC upgrade order
The PERC upgrade cycle continues at pace in 2017, with it continuing to deliver orders to Swiss equipment supply giant Meyer Burger. Today it announced a new $23.7 million order for an unnamed Chinese manufacturer.
Panasonic to supply PV panels, batteries for Toyota Prius
Toyota’s new 2017 Prius plug-in hybrid vehicle (PHV) will feature Panasonic’s newly designed 180 W solar panels.
SunPower, Dongfang to establish 5 GW P-Series cell, module factory
The U.S. solar maker and two Chinese companies are planning to build out the massive factory in eastern China, making good on the promise to transition to the lower-cost P-Series.
JinkoSolar shipments grow in Q4 2016, revenues, margins fall
Leading Chinese PV manufacturer JinkoSolar has continued to grow shipments in Q4 2016, with full-year (FY) module sales increasing close to 50% YoY. Downward price pressure continues to bite, with revenues falling 8.3% compared to Q3, and almost 14% year-on-year.
Lerri Solar re-branded Longi, unveiled at PV Expo, Tokyo
Monocrystalline giant, the Longi Group, will now use the brand for its cell and module business, formerly Lerri Solar. The unified brand will be showcased at the PV Expo in Tokyo, which kicks off on Wednesday.
SolarCity drags down Tesla’s Q4 results
The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.
