Updated: James Hughes, a previous long-term executive within the corporate structures of the infamous Enron, has been chosen by First Solar's chairman and interim CEO Mike Ahearn to lead its major business strategy change to focus on the unsubsidized emerging PV markets, such as Chile. Hughes has been appointed as chief commercial officer – a newly created role.
Another day, another record, as new measurements made by NREL (National Renewable Energy Laboratory) have confirmed that flexible CIGS thin-film solar modules from SoloPower have produced an aperture area efficiency of 13.4%, a record for the flexible substrate-based technology. The modules were produced at SoloPower's 20MW pilot production plant in San Jose, California.
A new research program to bring ‘Black Silicon’ antireflective layer process and materials to commercialization has been signed between Natcore Technology and material inventor, the National Renewable Energy Laboratory (NREL) with funding of US$150,000.
The first roll-to-roll flexible OPV thin film plant using vacuum deposition of oligomers has been officially opened by Heliatek. The €14 million facility in Dresden, Germany has 1 pilot/production line initially with the expectation to launch commercial product offerings in around the third quarter of 2012. The first key market Heliatek is addressing is BIPV and has plans to raise a further €50 million for a full-scale production line. An opening ceremony was attended by the Prime Minister of Saxony, Stanislaw Tillich.
China-based solar grade silicon producer, JACO has claimed it has achieved several key milestones in its ability to supply SoG for wafer production. Having entered production of its Gen 1 process in 2011, JACO said that it reached a key cost target of US$15/kg that also equated to a CapEx cost of US$15/kg and an electricity consumption cost of 15kwh/kg.
Diversification in both business segments and on a regional basis proved successful for Portugal-based Martifer Solar which said its revenue increased 33% to €293.2 million in 2011. Unlike some of its rivals, the company also posted positive EBITDA of €20.1 million and a net profit of €9.5 million. The company noted that was the fourth consecutive year of positive financial results.
Taiwan-based PV wafer and cell producers are already seeing the benefits from the US anti-dumping duty case, for which the US Department of Commerce has yet to make its final determination on possible countervailing import duties against Chinese PV module producers. According to Jefferies investment bank, sales at Taiwanese solar cell producers have rebounded 29% since the beginning of the year, after sales plummeted as overcapacity and subsequent weak demand resulted in many posting their lowest sales for more than two years.
Leading PV module tracking systems supplier DEGERenergie has come to the conclusion that CPV-based technologies, dependent on tracking the sun for correct yields, will remain an unprofitable business for the foreseeable future and as a result has discontinued the sale of its tracking products for the technology.
Calisolar is morphing into a polysilicon producer with a name change that better reflects its future ambitions. Renamed, Silicor Materials Inc, the company has bagged a major supply deal for its purified silicon metal material with the PV industries largest module producer, Suntech Power Holdings.
Milwaukee-based high-efficiency monocrystalline PV module manufacturer, Helios Solar Works is the first founding member of the Coalition for American Solar Manufacturing (CASM), outside SolarWorld to declare itself a supporter of actions that will lead to duties being applied to solar cells and modules from China. Seven firms with manufacturing operations in the US were said to have formed CASM and petitioned US agencies to investigate module dumping allegations, though until now, only SolarWorld, which has led the campaign had declared involvement.