Solar Frontier is not only targeting a widely reported reduction in costs around US$0.40 per watt within two years, but is also hoping to reach grid parity in Japan for residential PV systems with integrated battery storage in the next three to four years.
Leading CIS thin-film producer Solar Frontier is expecting to supply a total of 10MW of modules to Netherlands-based distributor, Home-NRG in 2015, due to strong demand.
Embattled PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) continues to have its stocks suspended from trading on the Hong Kong exchange since they collapsed in May 2015.
PV thin film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) said in reporting first half 2015 financial results that it would be restructuring its operations with the loss of around 2,000 jobs, 37% of its workforce of 5,458 at the end of the reporting period.
A report, four years in the making, has been released by the US Department of Energy (DOE), Office of Inspector General into the collapse of CIGS thin-film producer, Solyndra, and the way more than US$500 million of loan guarantees were given out by the department to the failed company.
Swedish thin-film PV equipment specialist Midsummer has been awarded a SEK10 million (US$1.2 million) grant to support production and sales of its cell manufacturing machines.
Taiwan-based CIGS thin-film module producer TSMC Solar, a subsidiary of leading semiconductor foundry Taiwan Semiconductor Manufacturing Corp is to close its manufacturing plant at the end of August and exit the solar PV market.
Hanergy Thin Film Power has issued a profit warning for its first half 2015 results as its primary customer, Hanergy Group, recently cancelled a major connected transaction to appease a Hong Kong stock market investigation into Hanergy TF’s viability when the majority of a sales go through its privately held parent company.
First Solar has guided 2015 PV module shipments almost double those of 2014. The CdTe thin-film leader expects shipments to be in the range of 2.8GW to 2.9GW.
