Manufacturing

Photon Energy Investments (PEI), a division of PV solutions and services company Photon Energy has launched a standardised financing model through its fully-owned subsidiary, Photon Energy Generation Australia (PEGA).

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.

Manufacturer of PV screen printing equipment, DEK Solar, has been sold as part of a deal between the owner of DEK, Dover Corporation, and ASM Pacific Technology (ASMPT), itself a part of Dutch-based semiconductor equipment supplier ASM International.

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.

Manufacturing equipment firm Manz AG has raised around €26.9 million (US$36.6 million) an increase in cash capital, to be used for the ‘internal and external growth of the company’.

Fraunhofer ISE said it had developed a low-cost rear contact Tunnel Oxide Passivated Contact ‘TOPCon’ n-Type solar cell that has achieved a conversion efficiency of 24%.