The Sanyo Electric Company, a major player in the photovoltaics (PV) industry with its HIT (crystalline silicon) solar cell, has announced Japan-based Panasonics plans to buy the company out. A spokesperson has told pv magazine the deal has not yet been confirmed, however. Panasonic currently owns a 50.05 percent share in Sanyo.
Propelled by aggressive research and development (R&D) activities, third generation photovoltaics (PVs) are poised to take a huge leap forward, says Frost & Sullivan in a new analysis. The exploratory mass production of dye-sensitized solar cells (DSSC)-powered consumer durables is likely to alter the future course of research in this segment, says the company.
Solarmer Energy, Inc. has recently achieved a new world record of 8.13 percent for its organic photovoltaic (OPV) cell efficiency, which has been certified by the National Renewable Energy Laboratory (NREL).
Responding to demand created by Indias National Solar Mission, as well as growing demand in Europe and the U.S., Gujarat Borosil Ltd. (GBL) has started production on its low iron glass (textured), state of the art factory in Bharuch city, located in Gujarat state, western India, in order to provide glass for crystalline photovoltaics (PV) modules.
Chevron Energy Solutions, along with the city of Brea, has started construction on a 1.8 megawatt (MW) solar and energy efficiency project, in California, the U.S.
European renewable energy company, 9REN Group has received 80 million in financing for 22 megawatts (MW) of photovoltaic (PV) projects in Italy with a syndicate of three banks.
Hitachi Cable has invested around 500 million yen (roughly USD$5.7 million; 4.4 million) in a new production facility for photovoltaic (PV) wire at its Hitachi Cable (Johor) of Malaysia plant, in response to growing demand. Full-scale operations are expected to start next month.
Germany-based CIS thin film manufacturer Sulfurcell GmbH has signed supply agreements with new customers in India and China in excess of 16 megawatts (MW). CEO and company founder Dr. Nikolaus Meyer also states that the company is hoping “to help shape the building-integrated photovoltaics (BIPV) segment with expertise and innovations” in the next few years.
The New York Solar Energy Industries Association (NYSEIA) has praised the U.S. state of New York for turning around the processing of applications in its photovoltaics (PV) grant program, thus allowing the industry to continue on its growth track.
Solarfun Power Holdings Co., Ltd. has entered into two contracts to supply 12 megawatts (MW) of photovoltaics (PV) modules to projects in Italy.
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