Australia-based perovskite solar cell specialist Greatcell Solar has failed to secure refinancing for its activities and has been forced to appoint administrators. The company lays the blame at the federal government’s door, pointing to the R&D rebate changes and policy settings that are unsupportive of renewable energy investment as the reasons behind its downfall.
Meyer Burger’s largest single shareholder has requested the company change strategy. Sentis Capital has urged the Swiss technology company’s board to raise sufficient capital for it to set up its own GW-sized production facility for its heterojunction and tandem cell PV technology. Meyer Burger has responded that it is view of only one shareholder.
According to EnergyTrend and PV Info Link, the downward spiral of prices along the PV value chain has come to a halt. Nonetheless, by bringing together the two pieces of recent market analysis, regional and value chain variations can be observed.
UNSW Sydney has partnered with Leadmicro to develop the next generation of PERC solar cells and fast-track their time to market. The Chinese PV production machinery manufacturer is donating $1 million Atomic Layer Deposition (ALD) reactor to UNSW to test and adapt a new process for PERC cell solar cell production.
A number of significant manufacturing and investment plans in China, Germany and North America by major automobile makers VW, Tesla and BYD are backing up predictions that electric vehicle car sales are set to skyrocket in the coming decades.
Chinese solar manufacturer Seraphim has announced plans for a 500 MW cell factory in Port Elizabeth, South Africa. The company also plans to expand an existing 300 MW module factory in South Africa’s Eastern Cape region by 200 MW.
The European solar association has called on Europe to set up 5 GW of solar PV module manufacturing capacity to cater to the expected around 15 GW of annual demand.
A project backed by the European Union’s Horizon 2020 program says it has developed a self-cleaning coating for modules which is also anti reflective and weather resistant. The project – SolarSharc – expects to launch the product next year.
A scenario in which no additional oil, coal or nuclear capacity is built and renewables grow at a pace of 3-4%, would see solar comprise 69% of the global electricity system by 2050. According to an EU thinktank, such an effort would boost European manufacturing, creating jobs and prosperity.
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