Manz sets up CIGS joint venture with Chinese partners
The German PV equipment provider will partner with Shanghai Electric Group and Shenhua Group to further develop the CIGS technology. NICE PV Research has already started R&D activities.
Manz finalizes $282 million CIGS order from China
The German equipment provider secured official approvals in connection with major CIGS orders from China.
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.
Manz expects to return to profitability this year
Large orders for the solar segment are expected to enable the company to return to profit in 2016. Last year, Manz was able to slightly increase its revenue, although it is still struggling with losses.
The pv magazine weekly digest
It’s ‘business as usual’ in the solar industry as the novelty of 2017 starts to wear off, and how better to get back into the swing of things with more, uncertain, developments in the possible extension of EU trade duties against Chinese cell and module manufacturers, leaving us with as many questions as answers.
Manz enters into massive CIGS partnership in China
The German tool maker will supply €263 million worth of thin-film production equipment to two Chinese companies, as well as turning over its R&D company to a joint venture.
