Intevac has bought Solar Implant Technologies (SIT) for an undisclosed fee. Intevac hope the acquisition of SIT, a California-based solar module design firm, will enable them to reduce solar cell manufacturing costs.
A single-junction organic photovoltaic solar cell with a surface area of 1 square centimetre has been demonstrated by Konarka Technologies to have a 8.3% efficiency.
Boeing's Spectrolab subsidiary said it has begun volume production of its newest terrestrial triple-junction III-V-based solar cell, the C3MJ+. The device has an average conversion efficiency of 39.2%, which the company claims makes it the most-efficient cell on the market.
Neo Solar Power has signed a poly silicon supply contract with Hankook Silicon, which will provide them with 11,600 tonnes of poly silicon between 2011 and 2017. The agreement not only provides Neo Solar Power with a stable long-term poly silicon supply but also reinforces the strategic alliance between the two companies.
Southern California Edison has signed 20 contracts with six different independent power producer firms for nearly 240MW (AC) of solar photovoltaic systems to be deployed close to major transmission lines in various parts of the utility’s service areas in Southern California.
SunPower sees substantial growth in store in fiscal year 2011, with annual revenues expected to range between $2.65 billion and $2.85 billion as well as PV cell production of 900-945MW at its three fabrication facilities. The company’s already issued its 2010 guidance, which forecasts revenues of $2.15 billion-$2.25 billion and cell production of 570-580MW. The company also said it has signed a deal to sell the Solare Roma PV power plant in Italy.
