GCL-Poly to more than double production capacity
GCL-Poly Energy Holdings is to invest approximately HK$17.7 billion (around USD$2.27 billion; 1.66 billion) in the expansion of its polysilicon and wafer production facilities in China.
Power-One opens North American inverter facility
Power-One, Inc. has opened its first North American inverter manufacturing facility in Phoenix, Arizona. Initial capacity will be one gigawatt (GW).
Suntech to supply solar systems for UN deployment
Under a new agreement, Suntech Power Holdings will supply around USD$80 million worth of solar power systems to Peak International Trade (Tianjin) Co., Ltd. The United Nations will then deploy them.
SoloPower receives DOE loan guarantee for thin film expansion
SoloPower has received a conditional commitment from the U.S. Department of Energy (DOE) Loan Programs Office for a USD$197 million loan guarantee.
HyperSolar aims to reduce solar panel cell numbers by 75 percent?
HyperSolar, Inc. has completed a prototype design of its thin solar concentrator. The companys aim is to reduce the number of solar cells in a panel by 75 percent.
Samsung and MEMC sign polysilicon JV
Samsung Fine Chemicals (SFC) and MEMC Electronic Materials, Inc. are to establish a polysilicon facility in Korea under a new joint venture (JV).
Solar Junction CPV cell hits 41.4 percent efficiency
Solar Junction has achieved 41.4 percent cell efficiency on a concentrated photovoltaic (CPV) multi-junction production cell. The results have been confirmed by the National Renewable Energy Laboratory (NREL).
High inventories expected as PV installation demand decreases
According to research, a decrease in demand for new PV installations in the first quarter of the year is expected to cause a “surge” in company inventories.
First Solar thin film plant expected to open ahead of schedule
First Solar has completed the roof of its new manufacturing plant in Frankfurt (Oder), Germany. Expected to be operational by June, the 173 million site will have a collective annual module capacity of over 238 megawatts (MW).
China Sunergy and GCL-Poly sign 4,400 MW wafer agreement
China Sunergy Co., Ltd. has entered into a 4,400 megawatt (MW) long-term wafer supply agreement with GCL-Poly Energy Holdings Limited.
