Shunfeng International Clean Energy (SFCE) announced a YoY consolidated profit decline of 95.6% to RMB58 million (US$8.93 million), exceeding its own warning issued in January. The result comes despite the company increasing revenues YoY 22.4% to RMB7,032.4 million ($1,082.4 million).

Swiss manufacturing technology supplier Meyer Burger has registered rapidly filling order book and modest revenue growth in 2015. Despite the robust performance, the company still incurred a CHF55.9 million (US$61.7 million) loss for FY 2015, down around 63% from the previous year (CHF-152.8 million/$-157.4 million).

The Guardian Australia reported overnight that the Australian Federal Government is considering a plan to merge the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). The reported plan to merge two leading renewable energy bodies has been slammed by the Australian Solar Council (ASC), which say that is “looks, feels and smells like a cost-cutting measure.”

Last week ISRA Vision, which also trades as GP Solar, announced that it has inspected over 2.5 GW of PERC cells using its new CHROME+ inspection system. Eric Rüland, Managing Director of GP Solar, tells pv magazine that the new tool and technique can deliver better cell classification and reduce “overkill”.

U.S. production equipment supplier GT Advanced Technologies (GTAT) has attracted US$80 million in new investment, bringing the company out of Chapter 11 bankruptcy. President and CEO David Keck says that it is a “new chapter for our company.”

Solar production equipment supplier Amtech has announced a strong start to 2016, with the company reporting that since December 2015 it has provided a “healthy” number of quotes and booking orders for solar production equipment.

Japan’s FITs will reduce by 11% from April 1. The country’s Ministry of Economy, Trade and Industry (METI) confirmed the move today. FIT duration will stay at 20 years.

The Energy Storage Europe trade show and conference was held in Dusseldorf this week, with organizers reporting that with visitor numbers of over 3,000, the event has increased by over 60% YoY. The event closed yesterday with the adoption of the “Düsseldorf Statement” calling for regulatory clarity for the expansion of energy storage deployment.

German solar manufacturer SolarWorld shipped over 1.159 GW of PV modules and cells in 2015, returning an EBIT loss of €4 million (US$4.53 million). The company reports orders to date of 800 MW this year, as it forecasts 20% sales and revenue growth in 2016, to deliver a profitable full year result.

German polysilicon and PV production equipment supplier centrotherm has recorded 2015 earnings of €19 million (US$21.5 million). The result exceeded predictions due to one-off effects.