Thin-film solar cells manufacturer AQT Solar has received US$18.7 million from investors to double production at its headquarters in Sunnyvale, California, US. Details of the investors have not been disclosed.
First Solar will use the Waste Management Phoenix Open, as part of the PGA Tour, in Scotsdale, Arizona, US, to showcase its solar PV arrays to power the event, including the waste management hospitality tent at the 18th hole. The company will have exclusive rights to the event as the only solar energy provider.
CVD Equipment advised that its new orders in 2011 totaled over US$36 million, 44% more than the US$25 million received in 2010. New orders in the CVD/FN division of production and research systems was approximately US$30.5 million, an increase, according to CVD, of 45% compared to 2010 order levels. CVD expects high demand to continue in 2012.
According to IMS Research, tier 2 PV module manufacturers in China have seen average utilization rates fall as low as 35% in the fourth quarter of 2011 as a result of overcapacity, high inventory levels and weaker than expected demand in 2012. The market research firm noted that many tier 2 suppliers have reduced production significantly or suspended production entirely, resulting in the lowest-ever recorded utilization rates so far reported.
Taiwan-based crystalline solar cell producer, Neo Solar Power (NSP) has reported December, 2011 revenue of approximately US$21.94 million (NT $663 million), down significantly from the previous quarter and year-on-year. Total revenue for 2011 reached approximately US$600.2 million, down from US$634.4 million in 2010.
First Solar recently held its inaugural annual Supplier Recognition Day, which was said to have been attended by approximately 60 companies that were considered critical suppliers to the company. At the event, encapsulant supplier, STR Holdings, was recognised as one of three suppliers, with the NOVA award, designed to recognise premier suppliers that significantly support its mission.
Weak pricing, especially on the spot market, has forced REC to reduce monocrystalline wafer production at its Glomfjord, Norway facility by 50%. The announcement comes soon after reducing multicrystalline wafer production at its facility in Herøya, Norway by 60% in late November, 2011. REC said that the temporary shutdown would affect approximately 65 employees at its Glomfjord facility.
Japan-based Tanaka Precious Metals has taken-out licenses from the National Central University, Taiwan to manufacture and supply ruthenium-based dye compounds for next generation dye-sensitized solar cells (DSSC). The ruthenium complex dye was developed by Professor Chun-Guey Wu and post-doctoral researcher, Chia-Yuan Chen, with reported conversion efficiencies of 11.4%, reported in the scientific journal, ACS nano in 2009, operating in the visible light wavelength range of approximately 400 to 750 nanometers.
A former co-founder of Sun Edison and CEO of CPV specialist, Amonix, Brian Robertson has been killed in a light aircraft crash in York County, Pennsylvania on December 22, 2011. A brief statement and condolence message replaces the normal Amonix homepage.
The 38th IEEE Photovoltaics Specialists Conference (PVSC), June 3 – 8, 2012 in Austin, Texas, will be opening its registration on December 26. The event will begin with Austin Solar Day on June 3, 2012 while the remainder of the event will focus on ten technical areas including, fundamentals and new concepts for future technologies, thin-film polycrystalline photovoltaics, III-V and concentrator technologies, crystalline silicon photovoltaics, thin-film silicon-based technologies, OPV, space technologies, characterization methods, PV modules and terrestrial systems and a PV velocity forum.
