Leading polysilicon and solar wafer producer GCL-Poly Energy Holding said that the US bankruptcy court dealing with renewable energy firm SunEdison’s Chapter 11 bankruptcy has approved the sale of its electronic grade granular polysilicon produced with FBR (Fluidised Bed Reactor) technology assets, primarily held by Korean-based production plant SMP.
After a week in Taiwan, overlapping with the PV Taiwan exhibition and conference in Taipei last week, my main takeaway is the scale of new capacity that is confirmed to be coming online over the next 3-6 months, no matter what is happening today regarding supply levels and end-market demand. This and other conclusions from my week in Taiwan are covered in two blogs this week on PV-Tech.
In an unexpected development of the planned merger of Tesla and SolarCity, the electric car manufacturer has said that it had tentatively agreed with Japanese electronics firm, Panasonic to begin solar cell and module production at SolarCity’s Riverbend production plant in Buffalo, New York state in 2017.
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.
The entire solar PV upstream value-chain, including equipment and materials suppliers, is set for drastic changes during 2017, ushered in by a perfect storm of events that has impacted on the industry within a space of 2-3 months, according to the latest release of the PV Manufacturing & Technology Quarterly report from the research team of PV-Tech’s parent owner Solar Media, Ltd.