ReneSola Ltd has increased its full year 2012 photovoltaic product shipment guidance on the back of strong 1H sales. In related news, it has signed a 100 MW module distribution agreement with Greece-based Big Solar S.A.
Satcon Technology Corporation, A123 Systems, Renewable Energy Services, and the Sacramento Municipal Utility District (SMUD) have been awarded US$2 million by the California Energy Commission to work on the development of storage technologies that will help reduce renewable energy power intermittency.
According to NPD Solarbuzzs latest quarterly report, producers of polysilicon and wafers for the photovoltaic industry can expect some respite in 2013, after a tough year of falling prices.
GTM Research forecasts that a massive 60 GW of photovoltaic product capacity will come offline by 2015, as supply continues to outstrip demand. The company furthermore believes that module manufacturing costs will reach US$0.45/W and that product differentiation will be key to survival.
U.S.-based thin film manufacturer, Stion has achieved a CIGS photovoltaic module efficiency of 13.4 percent, and an aperture efficiency of 14.8 percent. The results have been verified by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL).
EthoSolar and its sister company, TecnoSun Solar Canada Inc. have announced they will establish a 50 megawatt (MW) photovoltaic tracking system manufacturing facility in Ontario, Canada. The move is part of a strategic partnership, developed with Germany-based TecnoSun Solar Systems AG.
Trina Solar ranked first in the U.S.-based Silicon Valley Toxics Coalitions (SVTCs) latest solar scorecard. The Chinese photovoltaic module manufacturer ironically knocked SolarWorld off the top spot.
In the category “Photovoltaic”, MBJ Service, Solon and SolarEdge have been presented with the 2012 Intersolar Award.
Japans Kaneka Corporation and Belgium-based imec have achieved an efficiency of 22.68 percent on a six inch semi-square heterojunction silicon solar cell using an electroplated copper contact grid. The results have been confirmed by the Fraunhofer ISE CalLab.
Panasonic Corporation will begin mass production of its lithium-ion (Li-ion) battery system, which has been developed for European residential homes kitted out with solar.
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