This page contains a Flash digital edition of a book.
Solar ♦ news digest segment.


The consolidated net loss was $5.2 million, which represents a $3.7 million increase in net loss when compared to the prior year. The consolidated net loss per share was $0.06, which represents a $0.04 increase in net loss per share when compared to the same quarter last year. During the second quarter ended March 31, 2011, the Company recorded $0.6 million of non-operating expense related to the Company’s Suncore joint venture.


As of March 31, 2011, the Company had a consolidated order backlog of approximately $50.5 million, a 12% decrease from the $57.3 million order backlog reported as of December 31, 2010.


On a segment basis, the Photovoltaics order backlog totalled $26.4 million, a 27% decrease from $36.1 million reported as of December 31, 2010. The Fibre Optics order backlog totalled $24.1 million, a 14% increase from $21.2 million reported as of December 31, 2010. Order backlog is defined as purchase orders or supply agreements accepted by the Company with expected product delivery and/or services to be performed within the next twelve months.


Emcore has however, received a large purchase contract from Space System/Loral for satellite solar cells. With this and other orders that it has received since March 31, 2011, the order backlog has increased significantly.


As of March 31, 2011, cash and cash equivalents and restricted cash was approximately $17.0 million. In April 2011, the Company announced a common stock private placement of $9.6 million. The closing of the private placement is subject to the completion of customary closing conditions for transactions of this type, including approval of applicable Chinese government agencies.


For the third quarter ending June 30, 2011, the Company expects consolidated revenue to be $48 to $50 million.


Nanosolar to supply 1GW CIGS panels in Europe


The supply agreements, signed with French and German installers, range from a three to six year term, and in total may account for up to one GW of committed module deliveries .


Thin film solar CIGS solar innovator Nanosolar has signed long-term supply agreements for up to one GW of Nanosolar Utility Panel supply with Belectric of Kolitzheim, Germany; EDF Energies Nouvelles of Paris, France; and Plain Energy of Munich, Germany.


As several of the largest and most experienced installers of thin film panels in Europe, these long- term strategic Nanosolar partners will utilise the cost-efficient Nanosolar Utility Panel to expand their solar power plant developments.


Each of the supply agreements ranges from a three to six year term, and in total may account for up to one GW of committed module deliveries as Nanosolar achieves its volume and cost targets. Each of the three companies has worked closely with Nanosolar as a strategic partner since 2008.


“Nanosolar’s commitment to quality, customer relationships, and targeting one of the world’s lowest cost solar panels makes it an ideal partner to help us tap into the world’s fastest growing renewable energy markets,” said David Corchia, CEO EDF Energies Nouvelles. “Through this partnership with Nanosolar, we look forward to achieving a very competitive levelised cost of energy for our solar installations.”


Nanosolar combines proprietary technology with advanced system design and manufacturing processes to reduce both panel and balance of system costs. Leveraging its competitive CIGS solar cell and panel efficiencies in combination with proprietary printing techniques, Nanosolar says it can become the lowest-cost panel manufacturer at hundreds of megawatts of production versus GW within the next several years.


The firm’s roll-to-roll printing process allows the company to benefit from the combination of low capital expenditure and high throughput, which results in an extremely low fixed-cost portion of the


October 2011 www.compoundsemiconductor.net 169


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148  |  Page 149  |  Page 150  |  Page 151  |  Page 152  |  Page 153  |  Page 154  |  Page 155  |  Page 156  |  Page 157  |  Page 158  |  Page 159  |  Page 160  |  Page 161  |  Page 162  |  Page 163  |  Page 164  |  Page 165  |  Page 166  |  Page 167  |  Page 168  |  Page 169  |  Page 170  |  Page 171  |  Page 172  |  Page 173  |  Page 174  |  Page 175  |  Page 176  |  Page 177  |  Page 178  |  Page 179  |  Page 180  |  Page 181  |  Page 182  |  Page 183  |  Page 184  |  Page 185  |  Page 186  |  Page 187  |  Page 188  |  Page 189  |  Page 190  |  Page 191  |  Page 192  |  Page 193  |  Page 194  |  Page 195  |  Page 196  |  Page 197  |  Page 198  |  Page 199  |  Page 200