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Amtech reports growing revenues, high expectations

U.S.-based production equipment supplier Amtech Systems has reported growing revenues and steady bookings, on a quarter-on-quarter basis, adding that its experience at last week’s SNEC provided a number of reasons for optimism. The company reports its order backlog is at the highest level in three years.

The pv magazine weekly news digest

This week it was all Tesla, Tesla, Tesla and, in other news: Tesla. Apparently Elon Musk has released some new product or other…

SolarMax confirms buyer

The insolvent inverter supplier has announced that an investor has purchased the company and that it will begin trading in June, complete with new service and product offerings.

GTM: Fast-growing Honduras usurps Mexico

With a market growing to 460 MW this year, Honduras is set to surpass Mexico as Latin America’s number two solar market this year. GTM Research has published the finding in its latest Latin America PV Playbook.

UK: Tory victory muddies solar waters

Despite overseeing fastest growth in the U.K.’s PV industry, a majority Conservative government has been quiet on the issue of solar’s future, say experts.

SunEdison to develop further 86 MW of PV in South Africa

SunEdison Inc. has been awarded a contract to develop an 86 MW photovoltaic plant in South Africa’s Northern Cape Province.

Etrion secures PPA for Salvador project amid volatile spot prices; records Q1 net loss

Etrion has secured a power purchase agreement (PPA) for its 70 MW Chilean PV plant. It currently sells the generated electricity on the spot market, however market prices have been “volatile” over the past few months. The company has also reported a net loss for Q1 2015.

Turkey approves a further 302 MW in PV projects

After awarding 228 MW of PV projects in January, Turkey approved a further 302 MW last week, thus paving the way for the first utility-scale solar installations in the country. The key question now concerns the realization of the projects.

From the Mag: a selection of stories from the May issue

pv magazine’s May edition assesses the current solar climate in Indonesia, gets technical at China’s smartest large-scale PV plant, and examines how SolarCity’s new microgrid has already found an enrapt audience.

Wacker, unnamed solar company cancel supply contract

German polysilicon supplier Wacker Chemie has cancelled a “contractual and delivery” relationship with a solar customer. After retaining prepayments and receiving financial compensation for the contract’s termination, Wacker expects to book an increase of EUR 78 million (US$88.8 million) in Q2 2015 earnings.

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