The founder of Hanergy Thin Film Li Hejun has blamed short sellers for the dramatic decline of his company’s share price. Li made the remarks at an event marking the anniversary of Hanergy’s founding. The company has also announced today that company deputy chairman Liu Min has resigned.
German metallization paste supplier Heraeus has added the No. 610 Giga Solar paste to its patent infringement case. Previously pastes including No. 590, 590A and 600 were included in the lawsuit.
German PV power electronics giant SMA has revised up its 2015 full-year sales forecast up by EUR 50 million ($56 million). The company predicts it will break even (EBIT) or book a EUR 10 million profit for the year.
New data have revealed that Australia has the highest rate of PV penetration in the residential segment. Report publisher describes Australia’s role as: “pioneering the experiment of rooftop solar and the world is watching.”
China Sunergy, known widely as CSun, has published Q1 2015 results, showing continued and deepening losses. Earlier this month Csun reported that it is in breach of Nasdaq listing rules, with its market value of shares falling bellow US$15,000,00.
Swiss PECVD tool developer INDEOtec has sold one of its Octopus II PECVD tools to Frances IPVF (Institut Photovoltaique dIle-de-France). The Octopus II tool is a deposition platform for high efficiency PV cell production, such as HJT concepts.
A 1.7 MW solar array a remote Australian mine site has commenced operation in what the developers are touting as the countrys first commercial diesel displacement PV system. The Weipa Solar Plant will supply electricity to a remote mine site, with plans to expand the system to up to 6.7 MW.
Australia has its fifth Prime Minister in as many years, with the ruling Liberal Party having voted for 54-44 for Communications Minister Malcolm Turnbull to replace Tony Abbott as party leader. Turnbull has previously led the Liberal Party in opposition and is a supporter of strong action on climate change. The Liberals form government in coalition with the National Party.
Chinese PV production equipment supplier Gsolar has successfully completed the delivery of a 75 MW module assembly line to Indian manufacturer HHV Solar Technologies.
Perovskite startup Saule Technologies has attracted investment for Japans Hideo Sawada, one year after the company launched. Saule is attempting to commercialize perovskite semiconductor on flexible PET substrates, which was developed by scientist Olga Malinkiewicz.
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