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Emcore to IPO CPV business on back of strong orders

Emcore said in its most recent quarterly financial conference call that its backlog in orders for its concentrated PV technology stood at $142 million. This did not include the provisional deal recently announced to supply 700MW of solar power systems for a proposed South West US energy utility project or a $300 million order placed by a Korea-based energy company.

“Calendar year 2008 revenue is expected to exceed $340 million, [includes fibre optics business] and the progress in each of our business segments continues to point towards the path of separating EMCORE into two separate companies," stated Reuben F. Richards Jr., Chief Executive Officer, in a financial press release.

In the conference call, executives noted that expanding CPV manufacturing capacity to meet current and future demand would require new capital financing, which would be best served with an IPO of the CPV business.

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Photovoltaics International 16th Edition

This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.
Photovoltaics International Lite, Volume 05 - 2011

This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.
Manufacturing The Solar Future: The 2012 Production Annual

Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Emcore to IPO CPV business on back of strong orders

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