PV-Tech Newscast – April 12, 2013

Global PV demand is looking even brighter following a more bullish forecast from market research firm IHS which foresees another year of double-digit growth with installations topping 35GW. In line with such positive predictions, this week's Newscast reveals that the UK solar industry has completed at least 350MW of solar installations in the first quarter of 2013 including a record number of large ground-mounted PV projects. On the downside, Mercom Capital's Solar Funding and M&A Report found that only US$126 million was invested in solar in the first quarter of this year representing the second lowest quarter for VC funding since 2008. In other news, First Solar has acquired US-based monocrystalline start-up TetraSun and plans to start "tentative" production of TetraSun's copper-based n-type monocrystalline cells in the second half of 2014. In addition, First Solar has made a significant leap in total area module efficiency surpassing its previous record of 14.4% efficiency to 16.1%. Companies: First Solar, IHS, Mercom Capital, TetraSun

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