Featured in Movers and shakers – 03-2014

Hanergys GW ambitions for CIGS

Thin film: Chinese renewable energy player Hanergy sure knows how to grab a headline. But can it make good on its targets for thin film PV technology? Hanergy has acquired three CIGS companies that had been struggling to make good on ambitious plans and has now announced plans for a major build-out of the technology.

By

Jonathan Gifford

10 Mar 2014

In September 2013, Chinese renewable energy developer Hanergy Solar Group Limited announced plans to develop 5.25 GW of CIGS manufacturing capacity. The announcement, which is truly mind-blowing in its ambition, amounts to a potential $4.3 billion in CIGS equipment orders. On the face of things, this seems like a bonanza for CIGS tool suppliers that have seen …

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