The PV inverter market, once short of innovation, has seen a surge of investment in the last few years. Spurred by startup advances, established firms like SMA, Satcon, and National Semiconductor are developing new distributed PV electronics technologies in-house or through acquisition. This Special Report from Greentech Media, sponsored by Enphase Energy, takes a look at the state of innovation in the inverter market, VC investment activity, and the emerging leaders in the $2.4 billion PV inverter market.
Download now »As the price of PV falls, the technology will become more competitively priced in Europe and the U.S. before its prices are competitive in China.
The solar firm was founded in 2006 with A round funding from Kleiner Perkins and claims its process could increase the efficiency of conventional amorphous silicon PV by up to 150 percent.
The startup has filed for an IPO and plans to use the money to stockpile indium. Some thin-film solar companies plan to use the metal also used for LCDs and LEDs which could boost its value.
A new report from Greentech Media and the Prometheus Institute forecasts that worldwide thin-film solar production will grow eightfold by 2010, with amorphous silicon leading the way.
The New Hampshire-based solar-equipment manufacturer posted a quarterly income of $5.1 million, up from a loss of $5 million in the year-ago quarter.
Based on confidential data from 10 industry insiders, U.K.-based New Energy Finance forecasts that contract silicon prices could fall 67 percent by 2013, while wafer prices could drop 41 percent.
Shares of the Canadian company, which is developing technology to upgrade lower-grade silicon for solar equipment, have plunged this week after news that contamination issues will delay its production ramp up.
The CIGS solar cell developer is trying to raise $350 million to go into mass production, but Silicon Valley has yet to warm up to the idea.
The Chinese solar-wafer company beats expectations, sending shares up 20 percent, while Canadian upgraded-metallurgical-silicon firm Timminco posts a widening loss.
Solar companies reported growing 2Q profits Thursday, including a 3% increase from Sharp, a 96.2% growth from SolarWorld and an 18% gain from Wacker Chemie. Energy-management firm Itron also posted a profit, up from a loss in the same quarter of last year.
The thin-film solar panel maker's net income jumped 57 percent in the second quarter compared to the year ago period. Investors cheer.
The California solar-power project developer is raising its third fund to finance installations for schools, hospitals, public agencies and other enterprises.
The Linde Group, which sells industrial gases, says altering one of the gases used to make solar cells, and using new processes and technologies to make the most of others, could save manufacturers millions.
Vice President Tim Teich says the thin-film company has sold out all of its expected production this year to five unnamed customers. The new plant is running at an annual rate of 5 MW to 10 MW.
According to a solar overview from JP Morgan, the U.S. market will reach 1.6 gigawatts in 2011, compared with a market of 1.35 gigawatts in Germany in 2012. The research firm also expects Greece, South Korea and Italy to grow quickly.
Panelists discuss whether crystalline silicon, upgraded metallurgical silicon or thin film will reach the lowest costs.
The Taiwanese solar panel maker also plans to install 180 megawatts of production capacity by the end of 2009.
CEO Roy Johnson talks about the solar startup's progress in turning less-pure silicon into productive solar cells.
The Japanese unit of Royal Dutch Shell reportedly will spend almost $1 billion to build one of the world's largest thin-film plants.
The company dispels some skepticism about building its silicon supply business, but its stock fell after an analyst says he's not bullish about Chinese solar companies.
A Prometheus Institute report forecasts new players and long-time companies will expand worldwide silicon supplies by the end of 2008.
Manufacturers and analysts have different ideas about when silicon prices will ease, with some projecting lower costs in the third quarter while others expecting the wait will be longer.