The US Naval Research Laboratory selected Alta Devices, as the solar solution for the prototype Hybrid Tiger UAV, Edgar A. Gunter explores the results and the implications for the thin-film market.
Struggling solar PV thin-film firm Hanergy Thin Film Power Group said its parent company Hanergy Holding Group had proposed a deferred payment deal on overdue debts totalling US$360 million and interest penalty payments that topped US$25 million at the end of 2015.
In this week's Movers & Shakers segment, PV Tech examines new US solar employment initiatives, new up-and-coming technology and industry policy debates as well as career moves by influential individuals.
By any ‘normal’ metrics, PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) remains in a dire financial position after reporting a non-cash loss of around US$1.58 billion in 2015 and its biggest customer and parent company, Hanergy Holdings and its affiliates failed to make due payments of around US$680 million.
Hanergy Thin Film Power appears to be facing fresh troubles, with the company accused of leaving rent unpaid on a Hong Kong office, according to a report in the Financial Times.