Having acquired amorphous silicon (a-Si) thin-film equipment supplier Oerlikon Solar for over US$280 million in 2012, Tokyo Electron (TEL) has made an impairment charge on the operations of around US$214 million, revaluing the operations at around US$71 million.
Hanergy subsidiary, Solibro, has made a significant step forward in its sub-module (5x5cm2) lab produced copper-indium-gallium-selenium (CIGS) thin-film process with a verified conversion efficiency of 19.6%.
Photon Energy Investments (PEI), a division of PV solutions and services company Photon Energy has launched a standardised financing model through its fully-owned subsidiary, Photon Energy Generation Australia (PEGA).
Manufacturing equipment firm Manz AG has raised around €26.9 million (US$36.6 million) an increase in cash capital, to be used for the ‘internal and external growth of the company’.
Silicon Valley manufacturer, Solexant, has announced a relaunch as Siva Power and a transition to focusing exclusively on CIGS thin-film PV technology.
Thin-film developer Ascent Solar (Ascent), has released financial results for the third quarter of this year in which the company reported that product revenue was up by US$102,000 over the previous quarter.
In issuing third quarter 2013 financial results, thin-film market leader First Solar, reported its largest quarterly decline in its CdTe module cost per watt since 2007.
