UPDATED: PV industry market leader First Solar reported third-quarter sales of US$797.9 million, a significant increase of second quarterly net sales of US$587.9 million, mainly due to the sale of the 60MW Sarnia Phase 2 utility project in Canada. The company noted that its CdTe thin-film module average selling prices (ASP) declined in the quarter, which impacted revenue figures.
Ascent Solar has signed a memorandum of understanding (MOU) with 'The Energy and Resource Institute' (TERI), based in New Delhi, India. Under the terms of the agreement, TERI will perform testing and performance evaluation of Ascent's flexible thin-film CIGS modules as well as looking at the feasibility of including these modules for TERI's flagship program 'Lighting a Billion Lives' (LaBL).
Concentrator photovoltaics developer SolFocus will partner with Vision Electro Mechanical to build the first commercial CPV power plant in Saudi Arabia. The initial project will be the initial project in a series of Saudi solar power stations planned by Vision (a subsidiary of Construction Projects Holding Co. [CPC]).
5N Plus Corp was given US$500,000 in funding from the State Energy Program of Wisconsin, which will go towards purchasing equipment for the facilitation of the plants solar module recycling and creation of new jobs in DeForest, Wisconsin. The 60,500 square foot facility has a US$4 million investment behind it and is expected to be operational in the next few weeks. Along with its recycling capability, it will also be manufacturing specialty compounds for thin-film PV applications.
In August, Oerlikon Solar and Hunan Gongchuang Photovoltaic Science & Technology signed a contract as part of the 60-year celebration for commercial ties between China and Switzerland. Today, as part of that contract, Gongchuang has ordered a 40MW micromorph turnkey production line, which is also known as the FAB 1200. The production line is expected to start mass production by the end of 2011, with around 330,000 solar modules being manufactured per year.
Another CIGS thin-film PV manufacturer has garnered certification for its flexible modules. San Jose-based SoloPower has achieved IEC 61646 and 61730 approvals to go along with the UL 1703 it announced earlier this year, allowing the company to sell its rooftop-focused products in the U.S. and Europe. SoloPower claims to be the first among its peers to obtain both IEC certifications for its flex panels.
Despite the Japanese Government’s concerns over the legality of Ontario’s ‘local content’ feed-in tariff requirements, Sharp’s tandem-junction thin-film modules will be used by SunEdison for two solar parks, totalling 18.5MW, in Norfolk County, Ontario, Canada. The projects (SunE Sky Norfolk I and II) are a joint venture between SkyPower and the MEMC subsidiary, which actually started construction in March this year and is expected to be completed before year-end.
The Stuttgart-based researchers at Zentrum für Sonnenenergie- und Wasserstoff-Forschung Baden-Württemberg, Germany (Centre for Solar Energy and Hydrogen Research, ZSW) have demonstrated a CIGS solar cell conversion efficiency of 20.3%. The area of the world record cell is 0.5 square centimetres and surpasses their previous record of 20.1%, established in April 2010.
High-purity materials supplier 5N Plus has signed a long-term supply agreement with cadmium-telluride thin-film module producer Abound Solar. Under the terms of the deal, 5N Plus will provide CdTe compounds to be used in the manufacturing of Abound's PV panels.
Thin-film module manufacturing costs took a significant fall in the second quarter as First Solar continued to lead the PV industry in the lowest cost-per-watt race.
