Amtech unveils 400-MW order for solar equipment

Solar cells. Author: Arne Krueger. License: Creative Commons.

August 8 (SeeNews) - Amtech Systems Inc (NASDAQ:ASYS) has unveiled an order for about 400 MW of its next-generation solar plasma-enhanced chemical vapor deposition (PECVD) systems.

The Tempe, Arizona-based supplier of production equipment for the solar, semiconductor and LED industries said last week its solar subsidiary, Tempress Systems Inc, received the order in July from an unnamed top tier solar cell manufacturer in Asia. Shipment is expected to take place within six to nine months.  

Amtech said its backlog of PECVD systems now stands at about 1.4 GW of cell capacity. This includes an order from a top tier cell manufacturer for the company's passivated emitter rear contact (PERC) offering that combines Tempress' PECVD and SoLayTec's atomic layer deposition (ALD) systems.

Amtech also reported last week results for its third fiscal quarter to the end of June. Net loss shrank to USD 1.21 million (EUR 1.1m) from USD 1.6 million a year ago, even as revenues declined to USD 33.3 million from USD 40 million. Solar accounted for USD 19 million of revenues.

Solar orders at USD 13.2 million were lower compared to a quarter and a year ago. In the first nine months of 2016, however, they increased to USD 64.2 million from USD 55.9 million a year back. 

(USD 1.0 = EUR 0.909)

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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