The Renewable Energy Corporation has terminated a long-term wafer sales contract with an unnamed customer. The Norweigan PV giant will receive USD$40 million in compensation, which will be paid out in Q3.
Solar module encapsulant materials specialist, Solutia has guided lower revenue for the third quarter on the back of weaker than expected demand across its served markets including PV module manufacturing. Despite fallen module prices, PV installations have not rebounded to the degree envisioned and overcapacity remains an issue, reducing material demand.
Often billed as ‘quasi-mono’ ingot casting, whereby the lower-cost multicrystalline ingot process provides higher-quality, mono-like characteristics without the associated higher production costs would seem to be getting closer to commercial acceptance. GT Advanced Technologies (GTAT) has announced that it expects to begin taking orders for its new DSS-based ‘MonoCast’ systems in October this year, with initial lead times for commercial deliveries of three months.
SolOptics, a division of Genie Lens Technologies, revealed a significant milestone in the performance testing of its Fusion PV enhancement technology. Testing conducted at the US Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) has concluded that the Fusion technology increased the overall energy production of the PV modules tested by up to 4%, with performance enhancements for all irradiance ranges.
DuPont Microcircuit Materials (MCM) has announced the release of its latest photovoltaic metallization paste, with 15% less silver than previous pastes. The introduction of the Solamet PV51M comes as part of the company’s continued attempts to reduce the silver content of its pastes by 20%, in the face of rising silver prices.
After recently announcing that it had shipped its first international trichlorosilane (TCS) delivery, SunSi Energies has advised that the first phase of the expansion for its Wendeng TCS facility in Weihai City, China is complete. The expansion increased the facility’s production capacity by 50%, or 10,000MT, to 30,000MT.
Calisolar is making its move to become high-volume low-cost silicon solar wafer producer with plans to build a 16,000MT silicon production facility in Lowndes County, Mississippi at an estimated cost of US$600 million. A pioneer of enhanced UMG-based wafers, Calisolar is bring silicon material production in-house to significantly lower costs and have greater control over material quality. When fully operational, the plant is said to employ 951 full-time workers.
Following the successful implementation of fluorine technology at Schüco TF’s 40MW Osterweddingen site, the company has signed a significant long-term supply contract with Linde Gases for the delivery of onsite fluorine (F2) to its new thin-film module mass production site in Großröhrsdorf, eastern Germany.
A recently signed a licensing agreement with see Taiflex Scientific offer its ‘Solmate’ backsheet, coupled to DuPont’s new ‘TPNext’ laminate, which is based on DuPont’s ‘Tedlar’ polyvinyl fluoride (PVF) backsheet film. DuPont Photovoltaic Fluoromaterials developed the new backsheet technology to enhance the quality and manufacturability of c-Si-based modules by improving adhesion to encapsulants, resistance to ultraviolet (UV) light and enabling faster throughput in the backsheet production process, an area receiving constant attention to help drive down manufacturing costs.
In a single stroke, LDK Solar has wiped US$1 billion in expected revenue from its 2011 guidance on the back of significant price declines for bare wafers and solar modules. In the second quarter, LDK is planning US$55 to US$60 million of inventory write-downs, the largest so far of any PV manufacturer. Instead of expected 2011 revenue in the range of US$3.5-US$3.7 billion, the company expects full-year revenue to reach US$2.5-US$2.7 billion.
