Thin-film module manufacturer Solar Frontier claims to have broken the world record for CZTS cell efficiency, reaching 12.6%.
LDK Solar’s continued lack of finances for offshore business transactions has forced the struggling company to enter into a new 30-day forbearance arrangement with bondholders after being unable to pay interest on the loan.
In recent days a number of key Taiwan-based PV component suppliers have reported continued growth in monthly revenue, highlighting strong demand for wafers, cells and modules through the fourth quarter of 2013.
Germany-based materials manufacturer Heraeus’ Photovoltaics Business Unit is to increase production capacity at its silver paste plant in Singapore.
Tier one Chinese PV manufacturer, ReneSola has reported another quarter of record shipments and revenue that exceeded guidance as its PV module and OEM business continued to increase.
PV manufacturer, ReneSola said that it would permanently close its Phase 1, Sichuan polysilicon production plant due to its failure to significantly reduce production costs.
REC Silicon is to extend and existing polysilicon supply contract with an existing customer by two years.
A month after announcing a sapphire substrate manufacturing agreement with consumer electronics giant, Apple, GT Advanced Technologies (GTAT) is planning to raise over US$125 million in a convertible bond.
Tightening supply of quality solar wafers due to booming demand for PV modules could see the return of contract trading by wafer producers, according to market research firm, EnergyTrend.
Mitsubishi Materials, a minority shareholder in polysilicon producer, Hemlock Semiconductor has sold its stake in the company to Dow Corning for US$240 million.
The EU is to apply a 42.1% anti-dumping duty on Chinese solar glass manufacturers, according to a document published in the organisation’s official journal.
Citing the fast pace of material developments for PV manufacturing, Heraeus’ Photovoltaics Business Unit is expanding its silver paste R&D capabilities at its site in West Conshohocken, Pennsylvania.
LDK Solar has reported increased shipments, higher revenue and reduced losses for the third quarter of 2013, while cash levels also improved by approximately US$10 million after plummeting to only US$85.1 million in the previous quarter.
Daqo New Energy has plans to double polysilicon production at its plant in Xinjiang, China to 12,000MT per annum by the end of 2014.
A syndicate of 11 commercial banks in China have provided technically bankrupt, LDK Solar with a RMB 1.56 billion (US$256 million) credit facility.
