Manufacturing

Due to ongoing restructuring within SolarWorld AG, group revenue reached just €345.6 million in Q3, despite a 57% increase in trade shipments.

Lower shipments resulted in a slight drop in revenue and a major increase in net loss for the Chinese PV manufacturer despite further expanding its global footprint and increasing business in Japan, China and the U.S.

Decision by the authorities in the Carribean tax haven means work can start in winding up the international shell company. Complications with the proposed liquidation could obstruct Jiangsu Shunfeng’s acquisition of Wuxi Suntech’s production lines.

A newspaper report has named Apple as the purchaser of First Solar’s Arizona module manufacturing facility. The plant never started module production and features the state’s largest rooftop solar array.

Some 170 exhibitors and 8,500 visitors are expected to attend this year’s exhibition. The conference, which will see 700 visitors, is highlighting the development of India’s solar mission and state programs.

Polysilicon and wafer manufacturer GCL-Poly has nothing but rises to report to the Hong Kong Stock Exchange. The figures include a 511% increase in third-quarter polysilicon sales, year on year.

The OPA will allocate FIT payments for up to 123.5 MW of small solar projects plus 15 MW for planned arrays on yet to be constructed buildings. The procurement rules for larger projects are still being formulated.

With liabilities of HK$236 million ($30.4 million), the Taiwanese company has negotiated an agreement with bondholders but must still convince shareholders.

Taiwanese cell maker Neo Solar has returned to profit after completing its merger with Delsolar in May. October saw the company’s best revenues since March 2011.

Rise in consumer electronics sales cannot mask R&D contract losses for CIGS manufacturer Ascent. The Colorado-based thin film maker has announced plans for a manufacturing facility in Suqian, China.