news digest ♦ Solar
Solar or to potential buyers of our CIGSfab. For the latter, this is an ideal way to prepare for their own market entry with identical modules, so they are ready when their own line begins operation.
Soitec wins first order from China for CPV systems
The firm will provide systems which use III-V-based triple-junction solar cells incorporating gallium indium phosphide, gallium indium arsenide and germanium, to Focusic.
Fulfilling its first order for solar-energy systems from the People’s Republic of China, Soitec has shipped its GaInP/GaInAs/Ge Concentrix concentrator photovoltaic (CPV) systems to Focusic (China) New Energy Holding, a Chinese developer of renewable- energy power plants. This initial order is part of a partnership agreement between the two companies.
“We are impressed by the ultra-high efficiency of Concentrix technology and by the experience that Soitec has amassed through extensive research and development work, dating back to the technology’s origin at Fraunhofer ISE,” said Ma Wenxing, managing director at Focusic.
“The renewable-energy market in China presents exciting prospects for our CPV technology, and we are delighted to seize this opportunity together with Focusic,” said Hansjörg Lerchenmüller, senior vice president, customer group for Soitec’s Solar Energy Business Unit.
Soitec’s equipment will be used to build a 3-MW CPV solar power plant in Hami, a city on the edge of the Taklamakan desert in the Xinjiang province. Soitec’s CPV technology is ideally suited for installations in ecologically sensitive desert areas because the land does not need to be graded and the indigenous plant life is not negatively impacted by shading. In addition, Concentrix systems do not require water for cooling.
With its power-generating module efficiency of up to 30 percent and low installation and maintenance costs, CPV technology is the most cost-efficient solution for high-volume power generation in regions with high direct normal irradiance (DNI). China contains an estimated 500,000 square
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miles of area with high DNI ratings as well as an enormous and growing demand for energy.
Headquartered in Zhengzhou, China, Focusic (China) New Energy Holding provides low-cost clean energy in solar-rich regions of China. The company is currently developing utility-scale power plants up to 50-MW using concentrator photovoltaic (CPV) systems.
David Brady to head investor relations at First Solar
With almost 20 years of financial experience, Brady will serve as liaison between the cadmium telluride solar cell manufacturer and its investors.
First Solar has appointed David Brady as Vice President, Treasury and Investor Relations.
In this expanded position, Brady will add responsibility for Investor Relations to his current role as Vice President of Treasury, and will serve as a liaison between First Solar and its investors. Brady will continue to report to Mark Widmar, Chief Financial Officer.
Brady joined First Solar in July 2007 to lead the Treasury department. He has almost 20 years of international corporate and banking experience at companies, including eBay,
Salesforce.com, Chiron and Securitas.
Brady earned his Bachelor of Business Studies degree from Dublin City University in Dublin, Ireland, and has been a Chartered Financial Analyst (CFA) charterholder since 2004.
Emcore multi-junction panels power NASA’s mission to Mars
The firm’s III-V compound semiconductor solar cells have a beginning-of-life conversion efficiency nearing 30% and the option for a patented, onboard monolithic bypass diode
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