Trina Solar goes private
The Chinese PV maker has completed its merger transaction and will now become a private company. Trading of Trina’s shares on the NYSE have been suspended pending de-listing.
Tongwei subsidiary announces joint venture with Longi
Sichuan Yonxiang Co. Ltd, a subsidiary of Chinese industrial giants Tongwei, has announced the creation of a joint venture with Longi Green Energy Technology. The joint venture plans to build a new polysilicon production plant in Sichuan Province, China, with an annual capacity of 50,000 metric tonnes.
Intevac reports massive ion implant tool order
The company’s ENERGi systems will be used to enable a more than 1 GW expansion of high-efficiency n-type mono cell capacity for an un-named customer in China, a big boost for the technology.
Asys introduces new metallization line
German equipment supplier Asys today announced the launch of its new dual lane metallization line for crystalline silicon cell production, Alignus 1.5s. The line features a high level of automation, as part of the company’s Industry 4.0 approach, and aims to decrease cell metallization process times.
Algeria to launch 4 GW solar tender by the end of March
The Algerian government is set to launch a tender for the construction of large-scale PV projects totaling 4 GW. The tender will be held in three 1,350 MW phases and will select projects with an average capacity of 100 MW.
BREAKING: U.S. authorities could lower Taiwanese import duties to single digits
An preliminary finding by the Department of Commerce could lower import duties first imposed on Taiwan solar cell manufacturers in 2014 from high double-digits to single digits, while tariffs on Chinese module and cell manufacturers imposed at the same time remain in place.
1366, Hanwha reach 19.9% efficiency with PERC
The company has simultaneously announced its the first deployment of cells made from its Direct Wafer products in a 500 kW commercial solar array in Japan.
Daqo posts $43.5 million profit in 2016
The Chinese polysilicon producer’s net profit rose sharply from $13 million a year earlier, as revenue jumped 25.9% year on year to $229.1 million.
Yingli Green Energy forms special committee for resolution of debt issues
Chinese tier-1 solar manufacturer Yingli Green Energy today announced the formation of a committee of independent directors to assess the company’s situation. The committee will recommend strategic improvements and alternatives, in order to improve Yingli’s debt structure.
Manz expects to return to profitability this year
Large orders for the solar segment are expected to enable the company to return to profit in 2016. Last year, Manz was able to slightly increase its revenue, although it is still struggling with losses.
