Gesolar ramps up production capacity
Phase II of Gesolar’s workshop has gone into production. The potential for over 200 new jobs has been created and an extra 180 megawatts (MW) of annual production capacity added.
Jusung Engineering and MEMC enter solar cell production partnership
Jusung Engineering Co., Ltd. and MEMC Singapore Pte. Ltd.have entered into a strategic partnership agreement to establish a solar cell production facility.
Mixed outlook for PV inverter market
Due to oversupply in the photovoltaic market in 2010, the global inverter market is expected to decline by over 10 percent, to below $6 billion this year. The long-term outlook is, however, positive.
Suntech terminates wafer agreement and thin film venture
Suntech has terminated a solar wafer supply agreement with MEMC. It will also discontinue investment in thin film subsidiary CSG Solar AG. Overall, the company will incur expenses of around USD$236 million.
JA Solar acquires solar wafer manufacturer
JA Solar will boost its internal wafer capacity following the acquisition of Silver Age Holdings Limited for USD$180 million.
Meyer Burger and GCL sign CHF160 million order contract
GCL-Poly subsidiary, GCL Silicon Material Technology Development Co., Ltd. has ordered CHF160 million (around USD$192.3 million; 133.6 million) worth of new photovoltaic equipment from Meyer Burger Technology Ltd.
Siemens diversifies solar portfolio with HCPV acquisition
Siemens has acquired around a 16 percent share in high concentration photovoltaic (HCPV) module manufacturer Semprius, for an undisclosed amount. The move will help Semprius scale up its activities to production levels by 2012.
China: Anwell to ramp up thin film manufacturing to 1.5 GW
Anwell Technologies Limited’s subsidiary, Henan Sungen Solar Fab Co., Ltd., is planning to ramp up its thin film production capacity in China after securing long-term funding.
JinkoSolar to focus on increased efficiencies with new R&D facility
JinkoSolar has established a new research and development center, which will exclusively focus on increasing solar cell efficiency and next generation photovoltaic technology.
IHS iSuppli: c-Si module costs to fall below USD$1 per watt by 2012
According to IHS iSuppli, crystalline silicon (c-Si) photovoltaic module costs are set to fall to USD$1 per watt by the first quarter of 2012.
