Phoenix Solar reports 20% revenue drop for first half of 2017
In the first half of this year, the company also saw its operating loss widen. Phoenix Solar, however, has released an optimistic guidance for full fiscal 2017.
Manz’s Ebit swings to profit thanks to sale of CIGS technology company
Turnover for the first half of this year was slightly down from the previous year. Large order intakes from China, however, will lead to a substantial improvement of the company’s result for full fiscal year.
Centrotherm achieves slightly better results
The German PV equipment supplier reports a stronger order intake for the first half of this year. Turnover, however, was lower than last year.
Heraeus launches appeal against Taiwanese IP court decision
German silver paste manufacturer Heraeus announced that it has appealed the decision of Taiwanese regional intellectual property (IP) court, following its July 7th decision that Giga Solar does not infringe on its patent.
SMA’s results impacted by price fall
The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down compared to a year earlier. The company, however, has raised its outlook for 2017.
Solarworld’s insolvency administrator reaches agreement with investor
Solarworld Industries GmbH, for which the former CEO Frank Asbeck has been registered as managing director, wants to continue most of the cell and module production at its German facilities. The meeting of creditors must approve the agreement on Friday. The investors also take over the shares in foreign companies, but not in the US subsidiary of the German photovoltaic manufacturer.
ABB secures $30m renewable integration contract in Germany
The Swiss power electronics giant has been chosen by Dutch-German transmission system operator TenneT to shore-up and stabilize parts of the grid to make them more amenable to intermittent power supply from renewables such as wind and solar.
Centrotherm lowers outlook for 2017
The German PV equipment supplier expects to post a loss for this year, due to a €11 million compensation paid to Algerian company CEEG.
‘Solar sunglasses’ demonstrated by researchers at KIT
Scientists at Karlsruhe Institute of Technology (KIT) in Germany have developed a pair of sunglasses that generate electricity through semi-transparent organic solar cells applied to the lenses. The team aims to demonstrate the potential of organic solar to be integrated into electronic devices, buildings and other applications not possible with conventional PV technologies.
Netherlands’ Prisma Systems offers to acquire SolarWorld
The Ducth solar company has confirmed to pv magazine that it has sent a takeover proposal to SolarWorld’s insolvency administrator last week.
