While talks continue with potential buyers of insolvent PV manufacturer, Q-Cells, Insolvency administrator Henning Schorisch will also potentially conduct a full restructuring of the company under administration. Q-Cells reported that its creditors met in Dessau-Rosslau to hear about the insolvency proceedings.
According to the US Department of Commerce’s latest release of the ‘U.S. Imports of Merchandise’ database, solar-based products from China declined around 45% in May, compared to the same month a year ago. The Coalition for American Solar Manufacturing (CASM) claimed that this decline represented a positive impact of the recent anti-subsidy duties and anti-dumping duties applied to Chinese solar cells as users have therefore become concerned over the risks and uncertainties as well as cost issues of using Chinese modules for installations in the US.
Continuing market constraints and unattainable cost bases have conspired to force Schott Solar’s management to withdraw from c-Si PV manufacturing completely. Although the company’s thin-film and CSP activities are unaffected by this news, this exit from the c-Si sector will affect around 870 employees as well as its Mainz and Alzenau plants in Germany, Valasske Mezirici in the Czech Republic and Albuquerque in New Mexico.
The industry-renowned Intersolar Europe 2012 has presented Schott Solar and Schmid, Solon and Isra with the award for innovative photovoltaic technology.
Having previously announced a major reorganization of its entire operations, centrotherm photovoltaics, the second largest equipment supplier to the PV industry, has employed an outside consultancy to prepare discussions with its banks to secure further funding. The move was sparked by short-term liquidity issues after merchandise credit insurance companies, used for products and merchandise being delivered to the company, declined further coverage and guarantees.
bSolar, through its strategic partner and Japanese distributor TSBM, has won a contract to construct a 730kW ground-mounted solar project in Nasukarasuyama city, Tochigi, Japan. The project is expected to go online in December and will feature bSolar’s disruptive bifacial PV cells.
Fraunhofer ISE recently confirmed that Kaneka and imec’s six-inch, semi-square, heterojunction silicon solar cell has a certified power conversion efficiency of 22.68%. The solar cell has an electroplated copper contact grid on top of a transparent oxide layer, which essentially replaces the traditional silver screen printing and is said to lead to higher efficiencies with lower manufacturing costs.
As the largest merchant solar cell producer, JA Solar continues to be impacted by rapidly declining prices as overcapacity continues thought the supply chain. Emphasis has therefore shifted to module production and shipments, though a return to profitability remains a distant goal. First quarter shipments which included cells and modules that exceeded guidance at 366MW, while revenue reached US$254.4 million, down 17.7% from the prior quarter and 56%, year-on-year. Net loss for the quarter was US$39.8 million.
centrotherm photovoltaics advsied that it had begun industrial-scale production of its high-efficiency centaurus solar cell for customers in China and Europe. Over 50MW of the centaurus technoloy are in ramp-up mass production with the company noting that it has received interest from various of its existing customers.
BISOL’s polycrystalline and monocrystalline PV modules have been officially accredited by the Australian Clean Energy Council to meet with the requirements to be sold in Australia. The modules comply with the Australian Standard AS5033.
