A polysilicon supply contract has been signed between OCI and Yingli Green Energy to the tune of US$950 million. The contract will commence in January 2012 and is expected to continue through to the end of 2018.
Rumours of a tie-up with Samsung have proved true, with the news that MEMC will establish a new joint-venture firm with Samsung Fine Chemicals to produce polysilicon for the PV industry. The agreement between SFC and MEMC’s affiliate, MEMC Singapore, includes building a 10,000MT plant in Ulsan, Korea, close to an SFC chemical plant. Production ramp is targeted for 2013.
DuPont Microcircuit Materials (MCM) and Holst Centre have formed a partnership to focus on advancing the technology of printed electronics, specifically in the areas of printed structures on flexible substrates, which are used in a variety of markets including flexible display, RFID, lighting, biomedical and organic photovoltaics (OPV).
In one of the largest-ever signed single wafer supply agreements, GCL-Poly will supply approximately 4,400MW (4.4GW) of multicrystalline wafers to China Sunergy over the next six years. Under the terms of the long-term agreement, wafer shipments will commence this month for completion in December 2016 and include a price adjustment mechanism based on wafer market price. No further financial details were disclosed.
The introduction of lower feed-in tariffs in some of the key PV markets at the beginning of the year are causing prices to fall throughout the crystalline supply chain, according to the latest quarterly report from IMS Research. Polysilicon, wafer, cell, and module prices are expected to fall 7% on average in the first quarter and should continue to decline in the second quarter.
A joint report issued by SEMI and Linx-AEI Consulting reveals that the market for advanced chemicals and materials used in PV solar cell and module manufacturing grew by 114% in 2010 to US$6.5 billion.
The PV industry may use glass as a key component within rigid modules but for many glass manufacturers, the PV industry is one of its smallest market sectors. With demand dominated by the construction and automotive industries, PV is just a speck on the TAM (total available market) charts, often too minor for most glass manufacturers to bother with.
NovoPolymers has announced that in addition to expanding its Belgian production plant, the company has also received €4.2 million from its shareholders Gimy and Capricorn Cleantech Fund during the company’s second financing round
The main supplier of high-purity cadmium telluride (CdTe) to First Solar, Canadian-based 5N Plus, has signed a new recycling agreement and three new supply agreements that initially increase the quantity of CdTe supplied to the thin-film leader by 30%, but reach a 60% increase by 2013.
Sales of DSS crystalline growth systems dominated sales in GT Solar’s most recent quarterly earnings. DSS furnace shipments were at record levels, with more than 480 units shipped in the quarter. Significant expansion of wafer capacity, primarily in Asia, fueled revenue 15% higher than its second financial quarter.