First generation PV thin-film adopters are falling like flies as Berlin-based Inventux files for bankruptcy. Inventux was a customer of Oerlikon Solar and an early adopter of its micromorph silicon turnkey technology. A temporary insolvency administrator has been appointed by the local court in Berlin-Charlottenburg, which is understood to be looking for new investors and secure some of the 200 jobs at risk at the company.
Ascent Solar has entered into a development agreement with Shenzhen Radiant Enterprise and the Third Railway Survey and Design Institute (TSDI), the company has announced. Under the agreement, the three companies aim to install Ascent solar panels into already existing as well as future railway stations in China. TSDI has been involved in designing over 50,000km of Chinese railways, as well as the design of the Beijing South railway station.
A report from Digitimes has provided musings on how thin-film face an uphill battle in the current market. According to the report, solar firms will need to segue from being thin-film solar module providers to solar PV system project designers and suppliers in order to stay competitive. According to the report, as silicon-based solar product prices drop, thin-film solar products have been sidelined, especially during the past year.
Axuntek Solar Energy is using DuPont PV5400 series ionomer encapsulant in its IEC-certified CIGS thin-film modules, the company has announced.
The solar modules are frameless and the first to adopt DuPont PV5400 into CIGS technology. The modules aid to reduce shipping costs because they permit a higher density in shipping, therefore lower costs. Further, the modules are stronger due to DuPont’s encapsulant. The combination of ionomer and glass allows for the utilization of the frameless modules in building-integrated applications.
Having made a few leaps in the last six months alone with a TÜV safety certification in September, announced the production of its first 100MW thin-film modules and partnering with altPOWER for future US-based BIPV projects, executive management of Soltecture have applied to open insolvency proceedings. Having extensively explored new financing options, including rebranding and restructuring initiatives towards the end of last year, the company has stated it saw no other viable option for averting the company’s impending insolvency at the present time.
Calyxo has revealed that its CdTe cell technology has reached 16.2% efficiency, a figure that has been verified by Germany’s SGS testing body. The company uses its proprietary low-cost “hot and fast” atmospheric deposition process in the manufacture of its CdTe cells. Calyxo’s CTO Michael Bauer also expressed confidence in the technology’s potential to reach 17–18% cell efficiency and 14–15% top module efficiency by the end of the year.
Following reports on First Solar shutting down production in Germany, it has contracted German PV services provider Adler Solar to take over responsibility for European warranties.
Six years after the US Department of Energy (DOE) awarded Nanosolar a US$42 million Solar American Initiative (SAI) Technology Pathway Partnership (TPP) grant, the company has advised that all 10 major tasks have been achieved or surpassed. The grant was originally awarded in 2006 for the development of large-scale PV systems for commercial buildings that would offer the best price per watt performance in the industry.
Energy Conversion Devices (ECD) has announced that the auction date for the sale of United Solar Ovonics (USO) will be put back to 10:00 a.m. (Eastern Time) on May 8, 2012. The auction was previously set for 10:00 a.m. (Eastern Time) on April 24, 2012 following the company’s entry into Chapter 11 proceedings in the Bankruptcy Court for the Eastern District of Michigan in February 2012.
Updated: A severe cost-cutting exercise and manufacturing realignment is underway at First Solar as it plans to axe around 30% of its workforce, permanently close its German manufacturing operations and idle four lines at its facilities in Malaysia. Management blamed the move on the market conditions in Europe and the rapidly changing market demand dynamics within the industry for the restructuring.
