Novel epitaxial wafer technology start-up NexWafe a spin-off from Fraunhofer ISE has raised €6 million in Series A funding from Swiss-based Private Equity firm Lynwood (Schweiz) AG.
According to Taiwan-based market research firm EnergyTrend, a division of TrendForce, demand for monocrystalline wafers in China is increasing due to capacity constraints with mainstream multicrystalline wafers.
High-technology equipment manufacturer Intevac said it was tracking around 5GW of high efficiency n-type monocrystalline solar cell capacity expansions that are expected through 2020, providing a market opportunity for its ‘MATRIX’ platform of around US$175 million.
Diversified Chinese enterprise Hengdian Group DMEGC Magnetics Co (DMEGC) has started construction of a new 500MW integrated monocrystalline solar cell and module plant in Hengdian, Zhejiang Province, China for subsidiary, DMEGC Solar Energy.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a 200MW turnkey module assembly line order with major Taiwanese cell producer, Motech Industries.
Major monocrystalline wafer producer Longi Silicon Materials has signed an agreement with Yan'an City, Shaanxi Province Qi County People's Government to build a 100MW monocrystalline module based PV power plant.
November was a bumper month for PV capacity expansion announcements, with the big-six Silicon Module Super League players once again in the headlines, writes Mark Osborne.