Finnish solar manufacturer extends vital fundraising exercise again
Valoe Corporation has extended its €3.5m convertible bonds issuance but with investors fleeing to safe havens and Lithuania yesterday announcing COVID-19 quarantine measures, hopes of getting cell manufacturing off the ground in Vilnius this month appear unrealistic.
PV industry silver demand to fall slightly
Trade body the Silver Institute says silver demand in the solar industry will dip slightly this year but remain near to previous record highs. Silver paste consumption for PV has been reduced due to advances in metallization techniques.
Tongwei to open new 30 GW cell fab in Sichuan
Construction of the $2.87 billion factory is scheduled to start in March and manufacturing activity should be launched in 2021.
Amount of silver needed in solar cells to be more than halved by 2028, Silver Institute says
The US-based industry association finds the amount of silver loading may fall from 130 mg per cell in 2016 to approximately 65 mg by 2028. Alternative and cheaper raw materials, such as copper and aluminum, are not expected to replace silver in commercial cell production, at least in the next decade.
