Having acquired amorphous silicon (a-Si) thin-film equipment supplier Oerlikon Solar for over US$280 million in 2012, Tokyo Electron (TEL) has made an impairment charge on the operations of around US$214 million, revaluing the operations at around US$71 million.
Hanergy subsidiary, Solibro, has made a significant step forward in its sub-module (5x5cm2) lab produced copper-indium-gallium-selenium (CIGS) thin-film process with a verified conversion efficiency of 19.6%.
The US Department of Energy (DOE) is making a US$13 million investment in five separate projects designed to improve manufacturing competitiveness in the domestic solar industry.
Specialist US-based solar wafer producer, 1366 Technologies has received a further US$2.5 million in Series C financing bringing the round to a total of US$17.5 million.
Restructuring and cost-cutting efforts at PV equipment and technology specialist, Amtech Systems helped limit fourth quarter financial year losses to US$1.7 million, a highlight in what has been another difficult year for the company.
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.