news digest ♦ Solar
our Data Storage and MBE businesses, as well as in Services across all of our technologies. Veeco is focused on keeping our infrastructure lean and discretionary costs low, while at the same time developing next-generation technology solutions to drive future growth. We are on track to deliver 2012 revenue of $500-600 million.”
He continues, “While MOCVD bookings grew modestly in the first quarter, we have not yet seen a clear inflection in customer buying patterns. LED customers remain cautious about capacity investment plans and it is still unclear when the MOCVD market will recover. Some positive signs are emerging, including increasing tool utilization rates in Korea, Taiwan and China, and a pick-up in customer quoting activity.”
“Overall, we are seeing positive trends in LED lighting – lower prices, more LED lamp products, and heightened consumer awareness. LED manufacturers are focused on how to position their businesses for growth as LEDs become the dominant lighting technology. Despite the business decline in 2012, we firmly believe that the future MOCVD market opportunity will be larger than what we have experienced so far. With leading market share, strong LED customer relationships, technology leadership, and lowest cost of ownership production systems, Veeco is poised for substantive long term growth in LED lighting,” concludes Peeler.
Calyxo CdTe cells raise the bar at 16.2% efficiency
The cadmium-telluride cells have been independently tested by manufacturer SGS Germany to officially confirmed the “record” numbers
Calyxo has announced it has beat the last performance barrier of its CdTe photovoltaic devices based made by its proprietary low cost atmospheric deposition technology.
In February this year, the firm announced its modules reached an efficiency of 13.4 percent.
“This result shows the efficiency potential of Calyxo’s hot and fast deposition technology. Based
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www.compoundsemiconductor.net June 2012
on this achievement we are confident to reach 17%-18% cell efficiency and 14-15% top module efficiency later this year“, says Michael Bauer, Calyxo’s Chief Technology Officer.
Calyxo currently operates a 25 MWp production line with over 150 employees at the manufacturing plant that has been in commercial production since 2009 in Bitterfeld, Wolfen-Thalheim, also known as Solar Valley in Saxony-Anhalt, Germany.
The firm was taken over by Solar Fields, LLC, Toledo, Ohio, U.S.A. after its split from Q-Cells SE which declared insolvency in April 2012.
A new CEO for CdTe innovator First Solar
The cadmium telluride solar manufacturer is restructuring and has made James Hughes the new Chief Executive Office
First Solar has announced that James Hughes has been appointed Chief Executive Officer.
Hughes succeeds Mike Ahearn, First Solar’s founder and Chairman, who has been serving as interim CEO since Oct. 2011. Hughes joined First Solar in March as Chief Commercial Officer.
Ahearn will continue in his role as Chairman of the Board.
“Jim has been instrumental in developing the strategic plan that will enable us to compete and win in this new era for the solar industry, and it became clear he is the right person to lead the execution of that plan,” says Ahearn.
“Jim brings a wide range of experience that will be invaluable in leading our organization, having owned and operated utilities, built power projects, cultivated partnerships and led profitable growth in a wide array of key markets around the world.”
“I am excited for this opportunity to lead First Solar into a new era for the industry,” says Hughes. “First Solar is unrivaled in terms of talent and experience and has the premier platform from which to implement solar power at a meaningful scale around the world. The rapid cost reductions
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