In an effort to help India meet its Solar Mission goal of 1000MW of grid-connected solar power projects by 2013, Thermax Limited and Amonix signed a new deal to bring CPV technology to India. Under the partnership, Amonix will provide its solar power generation systems while Thermax will act as the engineering, procurement and construction partner for the customer’s turnkey solutions.
Collaboration between Merck and Nano-C is intended to bring about breakthroughs in nanostructured fullerene derivatives and semiconducting material formulations that overcome performance limitations of existing organic photovoltaics (OPV) materials. Merck’s Chilworth Technical Centre near Southampton, UK, is heading up the research.
QSolar has added a second production line to its manufacturing facility in Shanghai, China. The addition of a second line has doubled production capacity at the site from 20MW to 40MW a year.
Thermal processing equipment specialist Despatch Industries has been acquired by Illinois Tool Works for an undisclosed amount. ITW does not have any direct previous involvement in the PV industry. Despatch had posted record revenue in 2010 of US$200 million and is expected to produce revenue above US$200 million this year. ITW's revenues exceeded US$15 billion in 2010.
Solar cell manufacturer Blue Chip Energy has filed for insolvency. The company informed a court in Eisenstadt about its financial state on Thursday and production was abandoned with immediate effect.
Citing the “deterioration in the overall industry climate as well as delays in the recognition of sales and earnings for projects currently under way,” Roth & Rau has cut expectations for the second half of 2011 and withdrawn its forecast guidance for the year. “Given the reduction in demand for solar modules,” the company stated, “some customers have reviewed their investment projects intended to expand their production capacities and postponed the agreed delivery dates.”
Wafer manufacturer MEMC is to create 400 jobs by opening a new module production line in Ontario, Canada. Located in Newmarket on the outskirts of Toronto, the Flextronics-owned site will produce PV panels for the project pipeline of MEMC’s subsidiary, SunEdison.
On the heels of awarding a $16 million loan to Azure Power for a solar photovoltaic project in India, the Export-Import Bank of the United States said it is providing a $9.2 million long-term loan to support exports of Colorado-based Abound Solar's CdTe thin-film PV modules to Punj Lloyd Solar Power for a 5MW power plant in Rahjasthan.
CIS thin-film module manufacturer Solar Frontier has started shipping 150W modules with 12.2% conversion efficiencies after accelerating its production roadmap and achieving production targets ahead of schedule at its Kunitomi plant in Japan. Based on ‘keen’ interest in its low-cost, high-yield technology, which benefits from the ‘light soaking effect', unique to CIS technology, Solar Frontier said shipments were going to customers on a global basis, though quantity figures were not released.
Monocrystalline silicon solar cell specialist, Suniva is adding 25-30MW of module production to its Norcross, Georgia plant, which already has a capacity of 170MW for its ‘ARTisun Select’ solar cells. The expansion is scheduled to be completed in late August and operational in September, 2011, according to the company.
