The Chinese giant plans to further strengthen the supply chain for solar modules based on 210mm wafers by establishing joint ventures with its rival.
China’s largest PV manufacturers claim limits placed on solar glass production two years ago, to prevent over production, are now causing an industry bottleneck.
Industry body the VDMA said business fell 55% from the final three months of last year to the first quarter of this year for the worst retreat since 2012. The nature of the order book and sales figures can both be explained by the global progress of Covid-19, according to the organization.
NexWafe GmbH has completed €8 million (around US$9.4 million) in financing for the next stage of its kerfless wafer manufacturing plans. The company sees big market potential for the product, which projects cost reductions of 50%.
Meyer Burger’s solar PV manufacturing equipment is in vogue at the minute, as the company has enjoyed a flurry of new orders in the last week, the most recent a CHF 8 million (USD 7.9 million) order from one of the company’s existing European customers.
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