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The Toronto Stock Exchange notified Day4 Energy that it is reviewing the company’s eligibility for continued listing of its securities on the Exchange under its Remedial Review Process. Day4 Energy has 120 days to comply with all TSX requirements for continued listing.
Emcore has entered a new partnership with Ball Aerospace & Technologies (BATC), which will see the company design, manufacture, test and deliver solar panels for a new spacecraft. The solar panels will utilize Emcore’s ZTJ multi-junction solar cells, which, along with the panels will be produced at the company’s New Mexico facility.
As part of its planned expansion into existing and emerging markets, Beneq has announced that Russian stock company RUSNANO has invested €25 million into the Finnish company. The investment is a combination of capital injection and share purchase.
Seriously struggling ‘development stage’ CIGS thin-film firm, DayStar Technologies has conducted its second reverse stock split since trading on the NASDAQ since 2007. The 1-for-7 reverse stock split of its common stock is designed to bolster its share value. DayStar had previously undertaken a reverse stock split in 2010.
Big funding deals maybe a thing of the past but overall VC funding deals remain at record levels, according to the latest quarterly report of solar VC funding activity by Mercom Capital Group. Citing a slow start to 2012, VC funding in the first quarter of 2012 reached only US$329 million the lowest dollar amount recorded since Q4 2010. However, 34 deals were reported, suggesting VC’s are taking a lower risk approach to the sector, according to the report authors.
The research team at Helmholz-Zentrum, Berlin, Germany, published last month that Beneq produced positive results on the performance of its thin-film PV solar cells manufactured with TCO-glass (transparent conductive oxide). Produced by Beneq nAERO technology, the results show that nAERO-coated TCO glass is a definite candidate for cell manufacturers in need of high-quality fluorine-doped tin oxide (FTO) TCO glass at an affordable price.
Large-scale integrating project, Fast Track, coordinated by Forschungszentrum Jülich, intends to bring to market the next generation of thin-film technology. Eighteen leading EU industries and research institutions have set a target to achieve solar cells with 14% stable efficiency, leading to the reliable production of prototype modules at a level of 12%. The potential cost is expected to be below 0.5/Wp.
Expected to begin volume production of its flexible CIGS thin-film substrates later this year, SoloPower has installed Critical Manufacturing’s Manufacturing Execution System (MES) software at its production plant in Oregon. The MES provider also installed the cmNavigo MES Productivity Suite at the 400MW nameplate capacity plant.
Solar Frontier supplied approximately 29,400 CIS thin-film modules to a 3.8MW Public Service Electric and Gas Company (PSE&G) installation in Burlington County, New Jersey. Mill Creek Solar Farm is part of PSE&G’s Solar 4 All scheme, aimed at adding 80MW solar electric generation capacity to the company’s capabilities by the end of 2012. Mill Creek Solar Farm was designed, developed and built by juwi solar.
Ascent Solar has announced that TFG Radiant Investment Group has brought all of the Ascent common stock from shareholder Norsk Hydro Produksjon AS. The acquisition takes TFG Radiant’s ownership of outstanding common shares from 19.4% to 39%, making it Ascent Solar’s largest shareholder. The shares were purchased for approximately US$0.50 per share.
