Despite reporting its highest quarterly revenue figures for 2012, SunPower continued its loss making ways. SunPower has reported losses in nine consecutive quarters.
Electronics giant Panasonic Corporation has started to ship its heterojunction with intrinsic thin layer (HIT) modules from its newly established Malaysian production facility which became operational on 13 December 2012.
Taiwan-based solar cell producer, Neo Solar Power has said that after the merger with DelSolar has been completed the sole remaining entity will be renamed Neo Solar Power Corporation.
Tier 1 module manufacturer, JinkoSolar has successfully placed a RMB800 million (US$128 million) in bonds after approval from the by the Chinese National Development and Reform Commission’s (NDRC) Financial Division.
Arizona-based Solar Bankers and its German affiliate Apollon have developed a new CPV module which, the companies claim, has low production costs and a 28% conversion rate.
US solar manufacturer 1366 Technologies has opened its new 25MW wafer manufacturing plant in Bedford, Massachusetts.
Yingli Green, the world’s largest vertically PV manufacturer, has entered a strategic partnership agreement with German software company, SAP.
US-based module manufacturer, Suniva is planning to ramp its module production to a 24/7 operation
Planning to become the first integrated polysilicon and solar wafer manufacturer in the Middle East, Saudi Arabian start-up IDEA International Polysilicon Company (IPC) has appointed Al Rajhi Capital as financial advisor.
Heliatek has achieved a record 12% conversion efficiency in its organic PV (OPV) cells using a vacuum-deposition process.
Slurry recycling specialist, SiC Processing which is currently in receivership, has warned unsecured creditors to expect low debt recovery due to a preliminary, unaudited assessment of its assets.
Major polysilicon producer Hemlock Semiconductor has cited unresolved trade disputes, notably with China, as a key factor behind the decision to lay off approximately 400 employees, while reducing polysilicon production and delaying the ramp of its new plant in Tennessee.
China’s largest solar grade polysilicon producer, GCL-Poly Energy Holdings, has warned that it will incur a substantial but not detailed profit loss for the full-year 2012.
Renewable Energy Corporation ASA (REC) is to stop production of Siemens-based solar grade polysilicon at its Polysilicon I facility in Moses Lake, Washington State, USA.
Increased demand from Japan following the introduction of a new feed-in tariff last year and conservative capacity expansions over several years mean that Kyocera’s module assembly plant in the Czech Republic is now operating at full capacity, the company has revealed.
