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.
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.
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.
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.
German technology group Heraeus and U.S. company Materion Advanced Materials have announced the completion of the latter’s acquisition of the target materials business belonging to Heraeus.
Singulus technologies has announced the signing of a contract worth more than €20 million to supply systems to a Chinese module manufacturer, the subsidiary of a major public energy company.
PV Expo Tokyo, the leading solar power show for the world’s third-largest PV market, concluded last week after three full-on days. pv magazine reports on five key takeaways from this year’s show.
It’s been a long time coming, but Tesla’s annual report confirms that the SolarCity-Silevo romance has come to an end
Italy’s ENEL will invest €80 million ($84.4 million) to convert its PV module manufacturing facility, in southern Italy, from amorphous silicon to bi-facial heterojunction modules. ENEL expects to launch its new modules in 2018 and to reach a capacity of 240 MW in 2019.
The Taiwanese solar cell maker has confirmed to pv magazine that it will exit the polycrystalline PV business and will focus on its monocrystalline products. The company intends to gradually lower its polycrystalline PV capacity.
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