Germanys Fraunhofer has announced the launch of a spin-off company, NexWafe GmbH to transfer its kerfless wafer production technology into production. Fraunhofer Venture will supply seed funding.
U.S. thin film manufacturer First Solar has achieved a major boost in module efficiency using its cadmium telluride technology. Today the company announced a full module efficiency of 18.2%, from an 18.6% aperture efficiency module.
Intersolar Europe opened its doors this week, prompting a flurry of bullish solar market reports outlining a glittering future for the renewable energy. That is, if the politicians and regulators play along. Energy storage was one of the most discussed topics (both at the show and in the wider industry), although inverters, India, Britain and the U.S. were also in the spotlight. Finally, two solar companies unveiled details of their upcoming IPOs.
A coalition of analyst bodies have delivered a positive prediction for the global industry at InterSolar 2015.
Sigmar Gabriel calls solar the backbone of Germany’s energy transition during a well-attended speech on the final day of the Intersolar Europe exhibition.
Positive impact of Turkish factory reflected in higher shipments and increased revenue, which reached $341 million for the year.
Chinese company CNPV Solar Power SA is reportedly looking to invest $270 million in a solar cell and module production plant in South Korea.
The yieldco vehicle of First Solar and SunPower is expected to raise around US$420 million in its upcoming IPO, which is set to value the company at up to $1.49 billion. It has also secured $525 million in credit facilities.
Indian solar manufacturing industry coming of age says CEO, and no longer looks to China for guidance. First Solar outlines O&M ambition.
According to the PV Market Alliance, 50 GW of solar PV will be installed globally this year. China, Japan and the U.S. will drive growth, while markets in Europe are expected to stabilize.
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