A new type of photovoltaic cell developed by MIT researchers holds the promise of being able to tap into the near-infrared region of the spectrum.
One of Canadas largest solar project developers, SkyPower has sold approximately 200 megawatts (MW) of projects in Ontario to Chinese-Canadian manufacturer Canadian Solar. The companies have also launched a JV called CSI SkyPower.
Norway-based manufacturer REC carried out major financial restructuring today, issuing almost 870,000 million new shares, in an attempt to raise NOK1.3 billion (US$218 million). REC also refinanced its revolving debt facilities, into a NOK2 billion (US$335 million) facility.
Slovenia-based Bisol Group has recorded a 130 percent increase in production of its photovoltaic modules over the last year. A spokesperson tells pv magazine it is planning further expansion, and will add new automation machinery in the coming months.
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).
Taiwanese semiconductor giant TSMC took the decision three years ago to enter the solar market. The company licensed CIGS technology, built a fab and started shipping modules last quarter. Despite extremely competitive module prices, the company is confident that it has the backing, technology and process experience to prosper when the solar market turns the corner.
According to reports, almost half of Sovellos workforce could be let go. Company management declined to comment, however.
Solarwatt has said that by the end of July, it will submit a restructuring plan, with the expectation that the process will be completed by the end of September. Furthermore, its module warranty has been secured.
The power of governmental legislation in driving solar stocks was again brought to the fore this week, as prices rose sharply on the back of favorable information coming from Asia.
According to a new study, adding photovoltaics to the Texan electricity grid would “significantly” reduce energy prices.
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