Fab & Facilities

China-based thin-film module producer, Astronergy, is to buy Conergy’s Frankfurt modules factory.

Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.

PV cell manufacturer, Jinko Solar has signed a strategic cooperation agreement with Lingwu City government for a 200MW solar plant.

Hanergy Solar is set to receive significant investment from its parent company as it prepares to ramp up its thin-film production capacity.

Shunfeng Photovoltaic is planning to place a 10-year convertible bond valued at HK$3,580,000,000 (US$461.77 million) with selected investors to pay for the US$492.3 million acquisition of Wuxi Suntech via court administrators in China.

Major tier one PV manufacturer, Trina Solar, is to take over operations of tier two module manufacturer, NESL Solartech, and expand capacity to 500MW.

Mozambique has officially opened the country’s first PV module production facility.

PV equipment supplier Spire Corporation said that it had completed the installation of a turn-key module assembly line for an unidentified customer in Eastern Europe.

Updated. Market research firm, IHS has reiterated growth projections for PV installations in 2013 of 35GW, while forecasting growth of only 15% to just over 40GW in 2014.

Silicon Valley manufacturer, Solexant, has announced a relaunch as Siva Power and a transition to focusing exclusively on CIGS thin-film PV technology.