Specialist PV manufacturing equipment supplier Singulus Technologies said it had issued new shares valued at around €8 million to provide liquidity for supplying CIGS thin-film production equipment orders and the development of heterojunction (HJ) solar cell processing tools after securing an (MOU) with Golden Concord Holdings, majority share holder in GCL-Poly and GCL System.
In this week's Movers & Shakers, PV Tech reports on a series of solar executive board shake-ups, as well as the Solar Energy Industries Association bestowing five members of the US Congress with prestigious awards for their efforts in contributing to the ITC extension.
China-based metal casting components firm Jete Power Holdings has acquired a 39% stake in China-based CIGS thin-film start-up Dongtai Energy Technology Company via the shares in the holding company, Novel Sino Group Holdings.
European scientists have teamed from imec, KIT and ZSW to fabricate a thin-film solar module (lab) stack made up of perovskite and Copper Indium Gallium Selenide (CIGS) with a conversion efficiency of 17.8%, which surpasses the highest efficiencies of separate perovskite and CIGS modules.
The University of Delaware’s Institute of Energy Conversion (IEC) has been awarded US$2.1 million from the SunShot Initiative for two research projects aiming to improve the performance of interdigitated back contact (IBC) solar cells while reducing their production costs and new techniques for CIGS deposition.
A major €110 million (US$123 million) tool order for Singulus Technologies CIGS thin-film production equipment with China National Building Materials (CNBM), owner of module manufacturer AVANCIS, could finally proceed, as the equipment supplier expects an unspecified ‘pre-payment’ was due in the next few day(s).
Manufacturing Execution System (MES) software firm camLine has won a bid to supply its software to the planned AVANCIS, 300MW CIGS thin-film production plant in Anhui, China.
PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) has claimed to have bounced back from a non-cash loss of around US$1.58 billion in 2015 to a first half 2016 net profit of around US$105.8 million.
PV and electronics equipment manufacturing and automation specialist Manz AG has reported continued demand for automation system in China for solar manufacturing applications that have generated €17.5 million in first half year revenue, up 66.7% from the prior year period.
Struggling solar PV thin-film firm Hanergy Thin Film Power Group said its parent company Hanergy Holding Group had proposed a deferred payment deal on overdue debts totalling US$360 million and interest penalty payments that topped US$25 million at the end of 2015.
