Amtech Systems has announced its preliminary results for Q1 of the new fiscal year, including record-breaking revenue and pre-sale figures. Q1, which ended on December 31, delivered revenue of US$52 million, bookings of approximately US$134 million, and an order backlog of US$172 million.
5N Plus, a producer of high-purity metals, compounds and wafers for electronic applications, has converted its US$3 million debenture with Sylarus Technologies into a 66.67% majority interest. 5N has also agreed to provide additional funding of US$766,000 in the form of secured debt, to enable the repayment of short-term debt contracted by Sylarus.
The Finnish cleantech company, Beneq, has newly received a combined €9 million investment from Finnish Industry Investment, Via Venture Partners and other private investors. Beneq is known as a supplier of production and research equipment for nano-scale thin-film coatings and developed the nAERO aerosol-assisted process. nAero is a deposition method that allows for production of low-haze and high-haze transparent conductive oxide (TCO) coatings for in-line and off-line coated products. The company is presently shifting from its piloting to industrial production phase.
Flexible silicon thin-film firm Xunlight has received IEC 61646 and 61730 certification, conducted by TÜV InterCert Group. The certification enables the U.S.-based manufacturer to market its products in Europe, competing against the likes of Uni-Solar products.
First Solar has acquired Idealab operating company RayTracker, a photovoltaic panel tracking technology and balance-of-systems firm based in Pasadena, CA. RayTracker's team will join First Solar's engineering, procurement, and construction (EPC) group, and the acquired company’s customers will be transitioned to its new parent.
PV julist and juwi have finished work on a 7.4MW rooftop installation at Goodyear Dunlop’s logistics centre in Philippsburg, Germany. The system is the world’s third-largest roof array and has the capacity to generate 7.3 million kWh of electricity every year.
United Solar has installed 80kW of its Uni-Solarbrand modules on Royal Caribbean’s Allure of the Seas cruise ship, reports Design-Build Solar. The modules cover 2,000 m2 and will generate 111,108kWh of electricity annually for the ship’s shopping area.
Technic has appointed Wilson Xia as its Asia-Pacific technical director of photovoltaics. Xia’s new role will see him working on the research and development, applications engineering and distribution of the company’s TechniSol photovoltaic processing technologies.
Plutonic Power and GE Energy Financial Services have agreed to buy three of First Solar’s power plants in Ontario, Canada. Permitting for the projects, which have a combined capacity of 50MW, is expected to take place this spring and construction scheduled to start in June.
NanoMarkets has published a new report claiming that novel encapsulation and substrate materials are the key to the long-term survival of organic photovoltaics (OPV) and dye-sensitized cell (DSC) photovoltaics. The report, titled 'Encapsulation and Flexible Substrates for Organic and Dye-Sensitized Photovoltaics', predicts that a US$1.3 billion encapsulation and substrate market will be possible by 2017, if manufacturers of these materials can offer products that will facilitate use of OPV and DSC technology into the building-integrated photovoltaics (BIPV) sector.
