- Industry Roundup
- Fab & Facilities
- Cell Processing
- Thin Film
- PV Modules
- Power Generation
Plans have been agreed at the aleo solar EGM for the company to wind down through a liquidation, with as much as €50 million (US$69.1 million) of support provided by parent company Robert Bosch in order to avoid bankruptcy proceedings.
Tier-1 PV manufacturer, Hanwha SolarOne said that it’s chairman and CEO, Ki-Joon Hong has retired and the company expected to appoint a replacement by the end of April.
The International Photovoltaic Equipment Association (IPVEA) said it would collaborate with Solar PV Consulting to study the entire PV supply chain in an effort to reduce wastage after estimates project annual inefficiencies could cost the industry as much as US$1 billion by 2018.
Struggling lower-tier a-Si thin-film producer and BIPV developer, China Solar Energy Holdings has been forced to close its a-Si thin-film manufacturing plant in Changzhou, Jiangsu, China after the subsidiary was forced into bankruptcy.
PV module stringer specialist, teamtechnik said it had reduced cell-to-cell soldering cycle-times to below 2.25 second, boosting overall throughput of its single-track TT1600 stringer system to an annual output of 45MWp, inline with dual stringer systems, according to the company.
Specialist equipment supplier Robert Bürkle has supplied a further two ‘Ypsator’ 1722-7 lamination lines to OEM module manufacturer, Jabil Poland.
Major PV manufacturer Trina Solar is expecting capital expenditure to reach US$213 million in 2014 as it targets expansion of capacity from ingot/wafer through to 1GW of extra module capacity.
Guangyu International, based in Hong Kong, has invested US$200 million in Norwegian solar-grade silicon wafer producer, Elkem Solar, for a 50% stake in the company. The company said that the deal had been in the making for some time.
Major photovoltaics energy provider, SunEdison, has claimed to have reached a new milestone by hitting 1GW of outsourced PV module production in less than three years.
Tier one PV manufacturer, China Sunergy (CSUN), is selling a non-active facility to major shareholding affiliate company, China Electric Equipment Group (CEEG).
The top 50 module manufacturers are to add 10GW of new capacity in 2014, predicts PV Pulse.
The founder, shareholder and current chairman and CEO of LDK Solar, Xiaofeng Peng is being forced into personal bankruptcy proceedings by Apollo Investment Asia Limited to the tune of US$75.5 million, according to SEC filings made on behalf of the company’s liquidators in the Cayman Islands.
Renusol America announced that two of its solar mounting systems, the Renusol CS60 and the VS system, have been chosen to be installed on 36 out of 80 buildings that are part of a 2MW PV energy initiative in Kansas City, Missouri.
Duke Energy Renewables has granted turnkey engineering, procurement and construction (EPC) services to Swinerton Renewable Energy for its Pumpjack and Wildwood PV projects located in Bakersfield, California.
Dutch consumer electronics company Philips will open a new innovation centre in Kenya which will look into improving African lives through research and development into technologies including solar power and LED lighting technology.