The CPV solar cell business segment of Emcore accounted for US$19.1 million or 51% of the company's total revenue in its FY2012 first quarter, representing a decline of US$2 million from the prior quarter. However, Emcore reported a CPV cell order backlog of approximately US$51.7 million, an increase from US$43.5 million in the prior quarter. The order increase was due to the first order from its China-based JV CPV module operations, Suncore, which is starting assembly operations to meet a US$100 million project contract in the country.
Organic PV thin films may hold a significant promise of low cost electricity generation but longevity has been a key weakness of the technology. However, Konarka Technologies has become the first OPV manufacturer to become certified in compliance with IEC 61646, an accelerated lifetime testing protocol by TÜV Rheinland.
In releasing full-year 2011 results, Showa Shell highlighted the successful roll-out of subsidiary, Solar Frontier’s CIS thin film modules in key markets such as Germany, US, Asia, Middle-East and Japan. The company noted a string of commercial and utility-scale project wins having started production at its 900MW plant in February, 2011. However, price decline of 40% were reported for the year with further price declines expected in 2012, due to oversupply, though current price declines were said to have slowed.
A US$646 million US DOE loan and loan guarantee for First Solar’s 230MW Antelope Valley Solar Ranch One (AVSR) PV power plant project in northern Los Angeles County, California has hit a snag over an outstanding construction permit issue. The timeframe for initial funding of the loan has been pushed back to February 24, 2012 but if the issue isn’t resolved by that date, First solar said it could have to acquire the project from customer, Exelon for approximately US$75 million.
Private equity firm Element Partners has announced that it is to acquire both Bekaert Advanced Coatings (BAC) and Soleras Ltd, with the two companies merging to form Soleras Advanced Coatings.
According to Polyera, the Newport Corporation’s PV cell lab has confirmed that Polyera’s polymer/fullerene OPV cell has achieved a 9.1% power conversion efficiency with an inverted bulk heterojunction architecture using ActivInk PV 2000 semiconductor material. The company said its active layer materials are able to be deposited using a wider range of film thickness without lower cell efficiency, which is said to improve yields and simplify manufacturing.
Instituto de Energía Solar at the Universidad Politécnica de Madrid has certified that Semprius’ HCPV modules have set a new world record with an efficiency level of 33.9%. The module was tested indoors at Standard Test Conditions (850 W/m2, 25°C cell temperature, and a spectrum matched to AM1.5D) and corroborated by outdoor measurements made at the Institute of Concentration Photovoltaic Systems (ISFOC) in Puertollano, Spain. The HCPV modules significantly exceed the previous claim of 32.0%.
AQT Solar advised that using a low cost and production friendly sputter deposited copper-zinc-tin-sulfide (CZTS) thin-film solar cell, it had achieved high efficiencies. The company noted that the same manufacturing-ready processes and platforms used for its CIGS 2.0 solar cells was dually acceptable for CZTS and dubbed the term CIGS 3.0 for its future CZTS products.
With any emerging technology it is to be expected that there will be both winners and losers. According to a new report from Lux Research, few of the CIGS (copper indium gallium diselenide) thin-film manufacturers stand out, while others will find partners or wither away. According to the market research firm, 2011 was a breakout year for CIGS module shipments and installations, generating 1.2GW of demand. Lux is forecasting the CIGS market to reach 2.3GW in 2015, generating US$2.35 billion in revenue.
Solar distributor Donauer Solartechnik is, like several others in the industry, aiming to capitalize on emerging markets by opening a branch in Muscat, Oman. This branch will be the first step in the establishment of a sales and service network and will be directed by investor Saleh Ahmed Al Badi, chairman and president at NAS Oman international LLC, with whom Donauer has a joint-venture agreement.
