Signet Solar’s German division has announced it is insolvent. Dr. Christoph Junker, trustee in bankruptcy has told pv magazine the reason involves customers not paying up on time and a lack of new contracts. He is “convinced” however, that the company will find a new investor “within a matter of weeks”.
The Asian solar market is going to experience tremendous growth and when that happens, Singapore will be well positioned to serve this market, a key industry figure has told pv magazine.
Suntech has announced it will add one gigawatt (GW) production capacity to its Shanghai, China facility, to meet surging global demand.
Suntech Power Holdings Co., Ltd’s core products have been certified by TÜV Rheinland Japan, according to the DIN 5096:1985 T2 standard to maintain high performance when exposed to ammonia.
Third generation thin film developer Solexant Corp. has secured USD$41.5 million during the first close of a Series C financing round, following the successful completion of a two megawatt (MW) pilot line operating at the company’s headquarters.
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