German gas provider Gasag to deploy 40 MW of PV in eastern Germany
The PV plants will be located in the region of Brandenburg, and will require an investment of €32 million.
SolarWorld resumes activities with 700 MW and 515 employees
The German manufacturer will focus on the production of PERC solar cells and bifacial glass-glass modules in the future.
SolarWorld creditors agree sale to CEO Asbeck
The takeover of the SolarWorld production sites at Freiberg and Arnstadt in Germany has today been approve by the creditors. Announcement means 500 staff can continue in their production roles.
Singulus posts positive EBIT for 1st half 2017
The German equipment manufacturer reported a positive EBIT of €2.5 million for the first half of the year, a big improvement on the same period in 2016, when its EBIT was negative €9.3 million. EBIT for the second quarter stands at €1.1 million.
Phoenix Solar reports 20% revenue drop for first half of 2017
In the first half of this year, the company also saw its operating loss widen. Phoenix Solar, however, has released an optimistic guidance for full fiscal 2017.
Manz’s Ebit swings to profit thanks to sale of CIGS technology company
Turnover for the first half of this year was slightly down from the previous year. Large order intakes from China, however, will lead to a substantial improvement of the company’s result for full fiscal year.
Centrotherm achieves slightly better results
The German PV equipment supplier reports a stronger order intake for the first half of this year. Turnover, however, was lower than last year.
Heraeus launches appeal against Taiwanese IP court decision
German silver paste manufacturer Heraeus announced that it has appealed the decision of Taiwanese regional intellectual property (IP) court, following its July 7th decision that Giga Solar does not infringe on its patent.
SMA’s results impacted by price fall
The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down compared to a year earlier. The company, however, has raised its outlook for 2017.
Solarworld’s insolvency administrator reaches agreement with investor
Solarworld Industries GmbH, for which the former CEO Frank Asbeck has been registered as managing director, wants to continue most of the cell and module production at its German facilities. The meeting of creditors must approve the agreement on Friday. The investors also take over the shares in foreign companies, but not in the US subsidiary of the German photovoltaic manufacturer.
