Manz reports stable turnover and improved results
Although the CIGS equipment manufacturer reported a negative Ebit of €35.9 million, this was improved considerably from the previous year. In 2017, the company aims to increase turnover significantily and to be back in the black.
Bernreuter Research: Wacker was the largest polysilicon manufacturer in 2016.
With a production output of 70,000 MT, Wacker was the largest producer of polysilicon last year. The previous market leader, Jiangsu Zhongneng Polysilicon, has had technical problems with the commissioning of its fluidized-bed reactor technology.
Scatec Solar releases solid 2016 financial results
The Norwegian solar developer saw a significant increase in revenue in 2016. Project backlog also increased to 731 MW. Last year, Scatec secured 309 MW in new projects in Malaysia, Mozambique and Brazil.
Centrotherm’s order intake rose 55% in 2016
The German PV equipment manufacturer saw its order intake grow by 55% to €141.8 million (US$152.3 million) last year. The solar division was able to increase its turnover by 31%.
UK solar slashes grid power demand to record low
As the UK was bathed in spring sunshine over the last weekend, its patchwork of rooftop and ground-mounted solar panels set a new generation record.
SMA suffers price pressure in all markets and segments
Last year, the German inverter maker achieved record shipments, despite a decline in turnover. The company expects further price pressure in 2017.
SolarWorld seeks to drastically reduce costs
The German PV module maker has confirmed its financial results for 2016. The company reiterated its outlook, which forecasts that it will become profitable again in 2019.
Vattenfall to invest $226 million in solar and storage over next two years
The Swedish power utility announced a plan to invest heavily in renewable energies over the next two years. The company said investments in solar and storage will reach 2 billion SEK ($226.3 million).
Danfoss, GE partner to make SiC modules in New York
The Danish company says that its collaboration with GE will allow it to become the world’s leading provider of silicon-carbide power modules.
Sweden allocates $25.6 million for solar rebates in 2017
The Swedish Energy Agency Energimyndigheten has allocated 225 million SEK ($25.6 million) for the support of solar energy in 2017. The funds will be used for the country’s solar rebate program.
