Suntech Power Holdings has revealed that a group of eight Chinese banks have filed a petition for insolvency and restructuring of the company’s main manufacturing subsidiary, Wuxi Suntech.
In collaboration with the SUNY NanoCollege and U.S. Photovoltaic Manufacturing Consortium, flexible CIGS thin-film start-up, Magnolia Solar has claimed it has demonstrated a solar cell with a conversion efficiency of 13%. The company did not state aperture area dimensions.
The US National Renewable Energy Laboratory (NREL) has verified a new ‘dual junction’ thin film solar cell technology from Alta Devices with a conversion efficiency of 30.8%.
First Solar has said that it has contacted Abound Solar's trustees to begin discussions whether it can recover materials from up to 100,000 panels made by the bankrupt cadmium telluride (CdTe) module manufacturer.
The ‘solar winter endures’ at PV equipment supplier BTU International, opined Paul J. van der Wansem, BTU Chairman and CEO, in a conference call that garnered no financial analyst questions.
New R&D test cells produced at First Solar’s Perrysburg, Ohio factory and R&D centre have reached a new record cell conversion efficiency of 18.7%. The record was verified by the US Department of Energy’s National Renewable Energy Laboratory (NREL) and announced by First Solar yesterday.
