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New R&D test cells produced at First Solar’s Perrysburg, Ohio factory and R&D centre have reached a new record cell conversion efficiency of 18.7%. The record was verified by the US Department of Energy’s National Renewable Energy Laboratory (NREL) and announced by First Solar yesterday.
Germany-based industrial laser specialist InnoLas Systems GmbH said that the company achieved revenue of €40 million (US$52.9 million) in 2012, which was 60% higher than the previous year.
PV module encapsulant material supplier, STR Holdings hit by the pending loss of its largest customer, First Solar said that its restructuring efforts would result in a workforce reduction of approximately 160, or 32% of its global workforce.
A follow-up US$12 million in funding from the US Energy Department under the SunShot Initiative has been issued with the intention of reducing the time of lab to fab solar cell conversion efficiencies.
PV module encapsulant material supplier, STR Holdings warned that its business would be significantly impacted by an expected and imminent transition by First Solar to using an unidentified alternative supplier.
Sales of PV equipment and components by German-based suppliers fell 43% in the third quarter of 2012 compared to the same period a year ago, German trade association VDMA has said.
Thin-film manufacturer First Solar, in conjunction with developer Fundación Chile, has announced the acquisition of Solar Chile as part of its its endeavour to advance into new markets.
First Solar has hired former nuclear professional Tim Rebhorn for the newly created position of Senior Vice President, Project Development.
First Solar and Intermolecular are planning to develop what they describe as “disruptive new approaches” to boosting the solar cell conversion efficiencies of First Solar’s CdTe solar cell technology, extending a previous R&D collaboration established in mid-2012.
Thin-film manufacturer First Solar has released its new Series 3 FS-392 thin-film module, which has a 92.5W rating.
