Malaysian PV investment hits $544 million in 2016
The Malaysian Investment Development Authority (MIDA) approved 2.42 billion ringgit ($544 million) of solar investments in the 12 months to the end of December.
First Solar goes all in on Series 6
The company took a significant hit in its Q4 results due to restructuring and impairments, as it shuts down lines and orders tools for the transition to its Series 6 modules.
Amtech/Tempress secures US$60 million in solar tool orders
The bookings for the last four months include PECVD orders and an n-type bifacial turnkey line for customers in Asia, and will ship in the next six to nine months.
Comtec Solar and Longi agree to asset purchase
Chinese monocrystalline silicon firm Longi has agreed to purchase the assets of Comtec Malaysia, a subsidiary of Comtec Solar Systems Group, for a fee of RMB 200 million (USD 28.74 million), which adds to the company’s expansion across Malaysia after announcing a new manufacturing facility in the country in 2016.
Panasonic to supply PV modules to Tesla from Japan, Malaysia
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
