A new report from IMS Research highlights that the PV inverter market has gone from chronic shortages to major overcapacity in the last 12 months. High levels of inventory were recorded in the fourth quarter of 2010 and into the New Year, according to the market research firm. Despite the overcapacity concerns, the global PV inverter market is forecast to reach US$8.5 billion by 2014.
Despite a short and chequered history, Hoku Materials polysilicon plant in Pocatello, Idaho could be in line for further funding, according to a strategic cooperation agreement signed between Baoding Tianwei Group and U.S. bank, Wells Fargo.
Enercon Industries Corporation is introducing the new ‘Plasma4’ in-line atmospheric plasma surface treatment system for the cleaning and functionalizing of roll-to-roll materials used for fabricating photovoltaic systems.
GT Solar International has announced the commercial release of the ‘DSS650,’ multi-crystalline ingot growth systems for the solar PV industry. The DSS650 can grow significantly larger silicon ingots averaging 625 kg - resulting in 25 percent more output.
The latest Solarbuzz ‘PV Equipment Quarterly Report’ highlights that the fourth quarter of 2010 saw a further 1.25GW of quarterly solar manufacturing capacity come online. According to the market research firm, annualized c-Si cell and thin-film module capacity increased by a further 11.5GW, in 2010. Equipment spending grew for the sixth consecutive quarter to reach US$2.9 billion in the fourth quarter. At the end of the year, 20 equipment suppliers to have order backlogs in excess of US$100 million, with the majority of these orders scheduled for shipment during the first half of 2011.
Having been on Supervisory Board of Q-Cells since 2002, Marcel Brenninkmeijer the Good Energies investment representative has resigned his position. He will now be engaged at the Good Energies Foundation in promoting global access to renewable energy sources in order to ease poverty. Brenninkmeijer founded Good Energies in 2001.
According to a new report from market research firm Photon Consulting, the PV industry is looking at a supply-driven price crash on the back of expected strong feed-in tariff cuts in Germany over the next two-years, which will dampen demand sufficiently to cause a glut in modules and impact the entire supply-chain.
Elkem Silicon Materials (polysilicon) and Elkem Solar (solar wafers) are part of a business divesture plan of Norwegian conglomerate Orkla to primarily state-owned Chinese chemical firm, China National Bluestar. The US$2 billion all-cash transaction also includes Elkem’s aluminium and carbon’s businesses. Completion of the deal is expected during the first half of 2011.
In the fast-track to become integrated PV manufacturer’s, major U.S.-based firms such as First Solar, Sunpower, and SunEdison are rapidly closing on major PV project developers from Germany, according to a recent survey from market research firm IMS Research.
Flexible silicon thin-film firm Xunlight has received IEC 61646 and 61730 certification, conducted by TÜV InterCert Group. The certification enables the U.S.-based manufacturer to market its products in Europe, competing against the likes of Uni-Solar products.
