Silicon crystallisation equipment supplier PVA TePla generated revenue of €83.7 million in the first nine months of 2012, slightly higher than the same period a year ago when revenue reached €77.3 million.
From the heart of its R&D centre in Rochester, New York, Natcore Technology scientists have developed what they call the “first black silicon solar cell”.
Specialist equipment supplier, GT Advanced Technologies (GTAT) is claiming its new hydrochlorination solution for trichlorosilane (TCS) production used in fluid bed reactor (FBR) polysilicon production takes production costs below US$14/kg.
Major PV equipment supplier, centrotherm photovoltaics has submitted its reorganization plans to the insolvency court in Ulm, Germany. Although the company did not provide details on what those plans would be, the company said in a statement that it had now entered a critical phase in its insolvency proceedings that also need creditor approval. Both its subsidiaries, centrotherm thermal solutions and centrotherm SiTec have also filed plans with the court separately.
Overcapacity in the c-Si ingot/wafer supply chain has forced materials specialist, Cookson to close one of its two ingot crucible production plants in China, with immediate effect. The company had closed a similar plant in the Czech Republic in July 2012, which has supplied crucibles, primarily to the European market. Major European-based ingot/wafer producers such as PV Crystalox are down below 30% capacity utilization on the back of weak demand.
3M and Ceradyne revealed that they have entered a definitive agreement, which will see 3M buy Ceradyne for US$35 per share. The transaction holds an aggregate value of nearly US$860 million, or US$670 million net of cash, cash equivalents, short-term investments and debt acquired. Ceradyne, a major producer of crucibles used in the production of polysilicon chunks for multicrystalline ingots and then wafers, will join the 3M Energy Advanced Materials Division.
In releasing its latest Polysilicon and Wafer Supply chain Quarterly Report for Q3 2012, NPD Solarbuzz is predicting that polysilicon capacity will grow 22% in 2012 and another 18% in 2013. According to the report, the industry’s polysilicon processes for PV applications are anticipated to drop 52% this year while plant utilization will decline from to 63%, from 77% in 2011. Total polysilicon capacity will be in excess of 385,000 tons this year, of which 70% will be held by a small group of tier 1 producers.
Financially constrained PV manufacturers are advised to look at alternative ways other than relinquishing hard-to-find cash to end wafer supply deals with suppliers after a long-standing dispute between Conergy and MEMC was partially resolved via old-fashioned bartering.
Although heavily hyped as a low-cost alternative to conventional oil-based PV backsheet materials, start-up BioSolar said that it was to develop a new bio-based backsheet material that would aim to be of even lower cost in order to capture more customers. Back in March, 2011 the company had said it was supplying sample material for PV module manufacturers based in Asia for evaluation.