Organic PV thin films may hold a significant promise of low cost electricity generation but longevity has been a key weakness of the technology. However, Konarka Technologies has become the first OPV manufacturer to become certified in compliance with IEC 61646, an accelerated lifetime testing protocol by TÜV Rheinland.
In releasing full-year 2011 results, Showa Shell highlighted the successful roll-out of subsidiary, Solar Frontier’s CIS thin film modules in key markets such as Germany, US, Asia, Middle-East and Japan. The company noted a string of commercial and utility-scale project wins having started production at its 900MW plant in February, 2011. However, price decline of 40% were reported for the year with further price declines expected in 2012, due to oversupply, though current price declines were said to have slowed.
Inline with previous guidance, PV equipment supplier, Amtech posted net revenue of US$24.7 million for its financial year first quarter, 2012, a decline of 59% compared to the previous quarter. The company reported minimal order cancellations but noted shipment push-outs as PV manufacturers tackle severe overcapacity. Revenue for FY2Q12 was guided down to be in the range of US$20 - US$22 million.
A US$646 million US DOE loan and loan guarantee for First Solar’s 230MW Antelope Valley Solar Ranch One (AVSR) PV power plant project in northern Los Angeles County, California has hit a snag over an outstanding construction permit issue. The timeframe for initial funding of the loan has been pushed back to February 24, 2012 but if the issue isn’t resolved by that date, First solar said it could have to acquire the project from customer, Exelon for approximately US$75 million.
IDEA Polysilicon Company has selected centrotherm SiTec to provide basic engineering and the technology concepts for its first 10,000MT capacity polysilicon plant to be built in the city of Yanbu, Saudi Arabia. Actual construction timelines were not disclosed.
Private equity firm Element Partners has announced that it is to acquire both Bekaert Advanced Coatings (BAC) and Soleras Ltd, with the two companies merging to form Soleras Advanced Coatings.
PPG Industries advised that its flat glass business in Fresno will be expanding its production capability in order to better allow the manufacturing of the company’s Solarphire PV glass. The move aims to serve solar customers throughout California, the West Coast and even Asia with a faster shipping timeframe.
Continued overcapacity and weak demand in the wafering sector has forced Bekaert to reduce wire saw manufacturing capacity with the loss of 1,250 jobs. Restructuring started in December 2011, which included reducing production in China.
According to Polyera, the Newport Corporation’s PV cell lab has confirmed that Polyera’s polymer/fullerene OPV cell has achieved a 9.1% power conversion efficiency with an inverted bulk heterojunction architecture using ActivInk PV 2000 semiconductor material. The company said its active layer materials are able to be deposited using a wider range of film thickness without lower cell efficiency, which is said to improve yields and simplify manufacturing.
Instituto de Energía Solar at the Universidad Politécnica de Madrid has certified that Semprius’ HCPV modules have set a new world record with an efficiency level of 33.9%. The module was tested indoors at Standard Test Conditions (850 W/m2, 25°C cell temperature, and a spectrum matched to AM1.5D) and corroborated by outdoor measurements made at the Institute of Concentration Photovoltaic Systems (ISFOC) in Puertollano, Spain. The HCPV modules significantly exceed the previous claim of 32.0%.
