Breaking: SolarWorld insolvent
Pioneering solar PV manufacturer SolarWorld AG is insolvent. The company announced today it is “over-indebted” and would immediately file an application for insolvency.
Kazatomprom’s solar manufacturing units to be privatized
Kazakhstan’s state-owned national atomic energy company announced its three solar manufacturing subsidiaries will be auctioned to the highest bidder in the frame of its privatization plan.
Kyocera’s net profit falls 4.8% to $925 million in 2017
The Japanese group’s net income attributable to shareholders fell from JPY 109,047 million ($970.9 million) to JPY 103,843 million in the 12 months to the end of March 2017, partly due to declining sales from its solar business. It did not reveal its total PV module shipments for the year.
Solbian inaugurates 16 MW flexible solar cell factory in Italy
The Italian manufacturer of crystalline silicon flexible solar modules began production of solar cells in late 2016. The factory is located near Torino, in northern Italy. The cell technology is being provided by Italy-based renewable energy company Day4 Europe.
Chint’s project for solar factory in Brazil moves forward
The Chinese module manufacturer intends to invest 112 million BRL ($35.2 million) in the manufacturing facility.
REC Silicon posts US$57.5 million revenue for first quarter 2017
Quarterly financial results from Norwegian based polysilicon producer REC Silicon show a drop in revenue from $80.4 million the previous quarter. EBITDA for the quarter was $4.6 million, also down from $4.9 million in the previous quarter.
Natcore achieves 20.7% efficiency on silver-free back contact cell
The latest efficiency milestone for Natcore’s Foil Cell is verified by the NanoPower Research Lab at Rochester Institute for Technology. The result was achieved on the Natcore Foil Cell, which utilizes a lasering process and novel metallization strategy, eliminating the need for costly silver.
First Solar reports strong Q1 results as it readies for Series 6
First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
SolarWorld reports shipment growth in first quarter
The German module maker shipped 382 MW in the first three months of this year. The company’s plan to focus on monocrystalline PERC products is being implemented according to schedule.
China extends antidumping and anti-subsidy duties on polysilicon imported from EU
Mocfom’s decision to extend antidumping and anti-subsidy duties on polysilicon imported from the EU is likely a reaction to the 18-month extension of the EU duties on Chinese solar modules. German polysilicon maker Wacker Chemie had previously agreed a minimum import price with China.
