Storage

June 2, 2011
Already in evaluation as a substrate for thin film amorphous silicon (a-Si) modules and copper indium gallium selenide (CIGS) applications, DuPont’s colourless polyimide film, ‘Kapton’ is also being developed for cadmium telluride (CdTe) applications that open-up new markets for the technology in the fields of lightweight, flexible and high-efficiency applications. Currently, the flexible thin-film market is dominated by a-Si and CIGS-based technologies.
June 2, 2011
South Korea’s biggest chemicals manufacturer, LG Chem, is planning to spend ? 491 billion (US$455 million) on its first polysilicon plant as it looks to take its first step into the PV industry. The facility, located in Yeosu in southwest Korea, will have the capacity to produce 5,000 metric tonnes of polysilicon per year. LG Chem’s board approved the construction plan on Thursday and it has penciled in a completion date of late 2013.
June 1, 2011
ICIS pricing, a price reporting service for the chemical industry, has introduced its new coverage in the solar sector with weekly assessments for the Asia region solar-grade polysilicon grades 6N through 9N. The weekly report includes commentary on production updates, including polysilicon and downstream plant maintenance and shutdowns, capacity expansions, operating rates, cargo movements and transactions and key market trends. The reports will focus on operations in Northeast Asia and China.
June 1, 2011
Citing increased raw material costs, PV module encapsulant supplier Solutia said that its Saflex polyvinyl butyral (PVB) product portfolio will be subject to a 5% price increase, effective July 1. Prices for currently contracted business will be adjusted as individual contracts allow, according to the company.
May 31, 2011
Despite a swathe of competitors experiencing a significant fall in demand for modules in the first quarter, Canadian Solar would seem to have bucked the trend and guided robust sales in the second quarter resulting in sell-out shipments during its recent first quarter analyst call. In that call, Dr. Shawn Qu, Canadian Solar’s Chairman and Chief Executive Officer highlighted plans for a new 600MW solar wafer plant that would that would be run as a joint venture operation to reduce capital outlay.
May 30, 2011
The operating management team at Meyer Burger is being strengthened as the company adjusts to becoming a larger company on the back of a series of acquisitions and organic growth. The company has created the new position of Chief Operating Officer (COO), which will be filled by current CEO of subsidiary, MB Wafertec Bernhard Gerber, effective August 1st, 2011.
May 23, 2011
GT Solar has shipped 1,000 DSS multicrystalline ingot growth furnaces in seven months having announced a new milestone of its 3,000th DSS system being shipped to customer, Gigastorage in Hsinchu, Taiwan. It was only in early November, 2010 that GT Solar announced it had reached a new milestone of its 2,000th DSS system shipment, then to another Taiwan-based PV producer, Green Energy Technology (GET).
May 20, 2011
The US Department of Energy has selected Innovalight for $3.4 million of funding as part of the agency's SunShot initiative. The funds will go toward efforts to accelerate the development and production of the company's silicon ink material and processes for high-efficiency solar cells at its operations in Sunnyvale in Northern California's Silicon Valley.
May 20, 2011
LDK Solar is sticking to its previous financial guidance, issued on April 26, for both the first-quarter and the full-year 2011, seeing quarterly revenues in the $745 million to $755 million range (down from Q4 2010's $920.9 million) and annual sales between $3.5 billion and $3.7 billion (up from 2010's $2.5 billion). The vertically integrated solar manufacturer also holds to its forecast of wafer shipments coming in at 625-635MW for the quarter and 2.7-2.9GW for the year.
May 19, 2011
Siloxane polymer manufacturer Silecs International has closed a new Series E round of funding totalling US$16 million. Leading the round of financing was Singapore-based global investment fund, EDB Investments (EDBI), which was joined by European groups Tempo Capital Partners, Innovations Kapital, and Finnish Industry Investment.

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