Israel-based BSolar has told pv magazine it is planning to ramp up production of its recently launched bifacial photovoltaic crystalline silicon cells to between 200 and 300 megawatts (MW).
According to IHS iSuppli, average selling prices (ASPs) for polysilicon dropped by 11 percent in April, to a new 2012 low of US$27.20. This follows a new purchasing trend, from contract deals to “bargain-basement” spot market buying, and signals the continuation of oversupply.
U.S.-based Advanced Solar Photonics, LLC (ASP) has announced it is increasing production of its 400 Watt monocrystalline photovoltaic panels on the back of growing demand.
The European Commission has approved 12.9 million worth of state aid for Masdar PV GmbH to install a second photovoltaic module production line in Germany.
Canadian Solar Inc. and the Bank of China, New York Branch have signed a construction financing agreement worth CAD$120 million for the establishment of solar power plants in Ontario, Canada. In related news, Sanmina-SCI will manufacture Satcons inverters in Ottawa.
Key technical breakthroughs in the past year have pushed the dye sensitized cell (DSC) photovoltaic market out of the research and development stage, making it a technology with solid growth potential in the near future.
Heliatek GmbH has achieved what it says is a world record efficiency of 10.7 percent on a 1.1 cm squared organic photovoltaic (OPV) cell. The results have been measured by Germany-based testing facility, SGS. Heliatek will begin production of its modules this year.
The U.S. Department of Energy (DOE) has said US$5 million will be made available for the development of plug-and-play photovoltaic systems in 2012, under the SunShot initiative. Over the next four years, it hopes to invest an additional $20 million.
Hyundai Heavy Industries (HHI) has achieved a conversion efficiency of 19.7 percent on its copper-contact selective-emitter solar cell. This, it says, is a new world record.
In a week when major restructuring at the worlds largest thin film producer, First Solar, has been the focus, the industry has gathered to discuss prospects for the technology and market in the future.
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