Semprius has secured US$20 million in its first tranche of Series C venture fundraising for a pilot high-concentration photovoltaic (HCPV) module production plant. Siemens Venture Capital led the investment round and was joined by Arch Venture Partners, Applied Ventures, Illinois Ventures, Intersouth Partners, In-Q-Tel and GVC Investment.
A change of image and specialty has led Manz Automation AG to drop its ‘middle name’ to become simply Manz AG. The company’s focus has been across a wider range of products and services than automation alone for most of its near 25-year operation period, and this name change aims to reflect that. Manz is now a supplier of integrated production systems and processing equipment for the PV industry.
First Solar’s AV Solar Ranch One project has come up against some last-minute concerns voiced by local residents, according to a report on Greentech Media. Plans to begin construction of the Antelope Valley, CA, solar plant in early July could be pushed back if townspeople of nearby Fairmont file an injunction to delay the effort.
SolarWorld advised that with the sale of its shares in the South Korea joint venture module plant, the company would be focusing on expanding and improving its module production sites in Germany and the US. Financial details regarding the sale of its shares were not released, but the company advised that its Saxony, California and Oregon production facilities are undergoing expansion in order to meet growing demands. Combined, the three plants are expected to have a total production capacity of more than 1GW by the end of the year.
German laser system supplier 4JET has won the Deutscher Gründerpreis Award 2011. The award, sponsored by Porsche, German magazine Stern, ZDF Television and the Sparkasse Banking Group, was presented to 4JET for not just its exceptional financial growth over the past 12 months but also for creating a business model that promises further growth in the years ahead.
TecnoSun Solar Systems’ US Division, TecnoSun Solar USA, is settling into its new US headquarters at the University of Toledo’s Nietzsche Commercialization Complex in Ohio. The site will be the home base for the company’s marketing, sales, manufacturing, installation and servicing of its 1 and 2 axis solar tracking systems in North America.
TNO spin-off company, SoLayTec has sold the first four of its Al2O3 ultrafast ALD (atomic layer deposition) Process Development Tools (PDT) to separate customers that include imec, Fraunhofer ISE and two unidentified Asia-based solar cell manufacturers. SoLayTec said that the tools would be installed in the third and fourth quarter of 2011.
While Barack Obama may have reneged on his promise to put solar panels on the roof of the White House by the end of spring, the US Government shows no sign of backtracking on his other solar commitments, with further evidence of this seen last Thursday as Energy Secretary Steven Chu paid a visit to Amonix’s new production facility in Las Vegas.
Solar Frontier has won a contract with juwi solar to provide 3.8MW of its thin-film solar modules for a solar project in the northeast US. The solar installation is set to be completed by the end of the year and will be operated by a regulated northeast utility. Solar Frontier’s new Kunitomi plant in Miyazaki, Japan will manufacture the CIS modules for the solar project.
Solar Frontier is set to strengthen its presence within the growing Middle Eastern solar market by opening a new office in Al Khobar, Saudi Arabia. The office, which opens on July 1, will help Solar Frontier to liaise with its partners in the region and offer more hands-on support for its projects in Saudi Arabia.
