Specialty
metals company 5N Plus, supplier of cadmium telluride to First Solar,
is issuing new shares in the company to raise $46.2 million for
production expansions, general corporate purposes and possible
acquisitions.

“Aside from providing us with means for funding the construction of our German facility, our recent IPO has significantly raised our profile and exposure, creating a number of new potential growth opportunities that we hope to take advantage of in the future,” said Mr. Jacques L’Ecuyer, President and Chief Executive Officer earlier in the week when announcing third quarter financial results.

5N Plus has moved to a 24/7 production schedule in the last quarter to meet growing demand from the PV sector and in particular its largest customer First Solar. 5N Plus has a current maximum production capacity of 100MT per annum for cadmium
telluride and is constructing a new plant in Germany to meet the needs of Q-Cell’s subsidiary Calyxo which is ramping a 25MW CdTe thin-film PV plant.

Jacques L’Ecuyer said in the company’s conference call this week that the company was considering acquisitions in the future but declined to be more specific.

LONGi’s Hi-MO N: N-type TopCon breakthroughs boost efficiency and energy yield for large scale PV

28 July 2021

LONGi has launched its Hi-MO N module, the company's first bifacial module with N-type TOPCon cells, designed to deliver ultra- high value and lower LCOE to utility-scale PV power plants. This PV TechTalk Product Series webinar will provide an overview of the module’s technology and how the introduction of n-type technologies will provide efficiency and performance gains for solar project developers.

PV module technology for UK solar farms

29 July 2021

This free webinar will explore the ongoing opportunities in the UK solar PV market, looking at global technology trends and how they apply to the UK. Join us for an overview of the project pipeline and forecast for deployment over the coming years. We'll be looking at the types of modules available and being used in the UK and presenting a case study on the deployment of bifacial modules in this market.

Shade modelling for utility-scale PV plants: Why it matters and what you should do about it

19 August 2021

The utility-scale PV market is poised for exponential growth and yet the industry still has many fundamental opportunities to improve on standards and best practice. Tracker shade loss has been one of those topics that deserve more attention, but has been typically handled by derate factors rather than trying to accurately forecast the loss over the life of the system. Join Nextracker’s subject matter experts, Aron Dobos and Neelesh Umachandran, and Rounak Kharait, director of solar energy assessments at DNV, for a webinar about why shade modeling matters and recommendations on what the solar industry should do about it.

Energy Next

25 August 2021

Energy Next is a new industry exhibition focusing on the latest renewable energy and energy efficiency technology, which will be held for the first time in 2021 in Sydney, Australia alongside the Clean Energy Council’s Australian Clean Energy Summit, the peak gathering of leaders driving Australia's energy transformation. Organised by the same people behind Australia’s largest clean energy event, All-Energy Australia, Energy Next will give visitors two days of access to key suppliers in the industry, free-to-attend professional development and industry workshops, and networking opportunities to better understand clean energy issues and solutions and learn about the latest developments in this transformational, dynamic sector.

Intersolar Summit Brasil Nordeste

25 August 2021

The Intersolar Summit Brasil Nordeste takes place in Fortaleza, Brazil. It addresses leading local and international experts on solar power and renewable energy in the region. The Summit’s mission is to provide in-depth education, enable high-quality networking opportunities, expand the use of PV technologies at regional and national level and strengthen the local PV industry. The Intersolar Summit Brasil Nordeste is organized by Intersolar South America - Latin America’s largest exhibition and conference for the solar industry: Solar Promotion International GmbH, Pforzheim, Freiburg Management and Marketing International GmbH (FMMI) and Aranda Eventos & Congressos Ltda, São Paulo as co-organizer.

PV CellTech

25 August 2021

Join us to hear directly from the CTOs and heads-of-research from the top-20 cell/wafer producers to the PV industry today. The event will focus on predicting the key metrics underpinning the next big shift to n-type with answers to the key questions: When will the transition to n-type happen? Which companies will be first to 10 GW capacity and production? Who will be the key equipment suppliers for the new production lines? Which n-type process flow/architecture will emerge as the front-runner? What will polysilicon purity and wafer thickness levels look like for optimized n-type manufacturing? What will the upstream poly/wafer supply-chain look like in 5 years from now?

Mytilineos posts US$91 million profit but renewables revenues slide

July 27, 2021

Greek industrial group Mytilineos recorded a net profit of €77 million (US$91 million) in H1 2021, however the firm’s renewables division witnessed a drop in revenue year-on-year.

Canadian Solar bags financing to pursue flexible Brazilian solar strategy

July 27, 2021

Canadian Solar has closed a BRL500 million (US$100 million) financing facility to develop a Brazilian solar portfolio claimed to be the country’s largest, while also giving it the option to hold built solar assets for longer.

California Community Choice Aggregators sign contracts for 778MW of renewables and 118.75MW of storage

July 27, 2021

Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have signed contracts for 778MW of renewable energy generation and 118.75MW of energy storage in California.

US business leaders and financiers urge Congress to pass key infrastructure bill

July 27, 2021

More than 140 business leaders have urged the US Congress to pass President Joe Biden’s bipartisan infrastructure bill, telling lawmakers that the bill is “desperately needed” to renew the nation’s infrastructure

US ROUND-UP: Vision Solar to hire ‘hundreds’ in expansion, Recurrent completes Texas sale

July 27, 2021

A round-up of the latest news from the US solar market, featuring Vision Solar’s commitment to hire “hundreds” of sales staff as part of a two-state expansion, Recurrent Energy’s sale of two major assets in Texas and news of 8minute Solar Energy strengthening its legal team.

Tesla continues solar recovery as installs more than treble year-on-year

July 27, 2021

Tesla reported retrofit solar installations of 85MW in Q2 2021, cementing its recovery from a worst-ever performance in the corresponding period last year.

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PV module technology for UK solar farms

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Shade modelling for utility-scale PV plants: Why it matters and what you should do about it

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5N Plus raises $46.2 million for expansions and possible acquisitions

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Mytilineos posts US$91 million profit but renewables revenues slide

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Solar-wind-energy storage hybrid to power Rio Tinto mine

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Mytilineos posts US$91 million profit but renewables revenues slide

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Upcoming Events

LONGi’s Hi-MO N: N-type TopCon breakthroughs boost efficiency and energy yield for large scale PV

PV module technology for UK solar farms

Shade modelling for utility-scale PV plants: Why it matters and what you should do about it

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