China-based PV cell and module manufacturer, Realforce Power Co has entered into a long-term wafer supply deal with GCL-Poly. Under the supply contract, GCL-Poly is providing a total of 4,200MW of solar wafer products starting from July 2011 to December 2016. A price adjustment mechanism is included in the contract, according to the wafer producer. GCL-Poly has provided wafers to the 3-year old start-up for some time.
ReneSola said it has progressed on two manufacturing fronts, with the start of trial production of its in-house steel wire used for slicing solar wafers and the development of a new generation of higher capacity casting furnaces.
Despite current weakness in solar related equipment spending, due to weak demand for PV modules in the first half of the year and a longer than expected inventory build, GT Solar posted first quarter financial year revenue of US$231.1 million, compared to US$271.6 million last quarter and up 71% from the US$135.2 million of revenue in the first quarter of fiscal 2011. Record order backlog stood at US$2.3 billion.
The ongoing wafer supply deal dispute between China Sunergy and REC Wafer entered a new phase with a Norwegian court ruling in favour of China Sunergy. REC Wafer is said to appeal the decision made by the Norwegian Court of Appeal.
Despite the first-half slump in PV installations and significant inventory build across the PV supply chain, leading polysilicon producer Hemlock Semiconductor would seem to be riding its 50th year in business in style, as Dow Corning management noted that the polysilicon JV arm had remained ‘sold-out’ in the first half of the year and the situation would remain the same for sometime.
Sandvika, Norway-based REC ASA has published its second-quarter financials for 2011, which show revenues of NOK 3,391 million, down 17% on the previous quarter. Significant weakening of the solar market led to a slowdown in demand for the company’s products, while polysilicon production operations are also under pressure from Chinese competitors.
Hemlock Semiconductor’s new polysilicon plant, currently under construction in Clarksville, Tennessee, USA has signed a multi-year contract with Praxair, which will supply hydrogen to the facility. Praxair said it would build and operate an on-site hydrogen generating facility and supply liquid hydrogen by truck. The plant start-up is scheduled for 2012, according to Praxair. Praxair also supplies nitrogen and hydrogen to Hemlock’s polysilicon facility in Hemlock, Michigan.
Just days after announcing the completion of its third research and development center in Singapore, the PV business unit of Heraeus advised that it has tripled the size of its global technical staff so that it can more easily meet the demand for its products and customer timeframes. The Singapore facility joins the company’s US and Germany R&D sites, as well as Heraeus’ Shanghai and Taoyuan application centers.
GT Solar advised that it had received orders from two new customers based in Asia for the company’s polysilicon production equipment. Together the two customers’, who remain anonymous, orders amounted to US$81.7 million and called for GT Solar’s hydrochlorination equipment for TCS production and other polysilicon production equipment. The orders will be included in the company’s backlog for its first quarter of the 2012 fiscal year, which ended July 2.
The photovoltaics division of Heraeus Materials Technology has completed construction on its new Singapore facility, which will produce the company’s silver metallization paste for use in crystalline solar cells. The site will also house the unit’s R&D, sales and technical service operations, all of which began operation in June. The R&D lab was the facility’s most recent completion, having been finalized in July. It plans to have qualification samples ready for customers in the coming weeks. The site’s official opening ceremony will be held in November.
