Citing changing market conditions and an extended period of consolidation within the solar sector, PV inverter market leader, SMA Solar Technology plans to reduce its headcount further by around 700 full-time positions in Germany by the end of 2014.
With the aim of achieving 20% conversion efficiencies but with lower material costs, Solliance and imec have demonstrated a CZTSe (Cu2ZnSnSe4)-based thin-film solar cell (1x1cm2, AM1.5G) with 9.7% efficiency.
PV Crystalox Solar has sold its polysilicon production operations in Bitterfeld, Germany to the former management team, contributing €12.3 million to the renamed Silicon Products Research Engineering Production in the process.
US-based ultra-thin silicon wafer start-up Crystal Solar is planning to complete pilot production of its ‘Epi Thin-Silicon’ technology this year with volume production targeted sometime in 2014.
Small France-based module manufacturer, Solarezo has entered bankruptcy proceedings in an effort to restructure its finances having a reported €50 million order backlog with only a 65MW production capacity, according to the company’s website.