news digest ♦ Solar


platform for further diversified growth in the rapidly growing markets for energy efficient devices, such as LEDs and power semiconductors over the next few years.


The Board is confident that the Group remains on track to achieve market expectations for the full year.


Drew Nelson, Chief Executive of IQE, said, “Our key markets have continued to demonstrate robust growth, driven predominantly by high levels of demand for 4G and LTE enabled smartphone and tablet products, along with accelerating requirements for photonic products and advanced sensor applications. Additionally, requirements for energy- efficient third-generation CPV solar products, Solid State Lighting (SSL) and power efficient GaN devices, continue to increase strongly.”


“Our transactions with Solar Junction, RF Micro Devices and Kopin, over the last 18 months, represent significant milestones in the execution of our overall strategy and have significantly enhanced both our short and long term growth potential,” continues Nelson.


“They are highly complementary, extending our critical mass and global leadership in wireless, and bringing additional capacity to service the emerging high growth CPV market,” he adds.


“Compound semiconductors are widely acknowledged as the key enabling materials that will drive a wide range of next generation technologies from high performance data transmission and management, to highly energy efficient products, including solar energy, SSL and power semiconductors.”


IQE expects to report its interim results around mid-September 2013.


First Solar to build another


three CdTe plants in Mexico These new cadmium telluride solar projects are in addition to five plants completed in 2011


First Solar has made an agreement with Public Service Company of New Mexico (PNM) to construct three CdTe solar power plants totalling 23 megawatts (MW) AC of generating capacity.


The solar firm is expected to provide engineering, procurement and construction (EPC) services, using its advanced thin- film photovoltaic (PV) modules. PNM is the largest electrical provider in New Mexico, serving more than 500,000 customers in dozens of communities across the state.


Contingent on approval from the New Mexico Public Regulation Commission, which PNM filed for earlier this month, the agreement establishes terms for the plants’ EPC work. The projects are part of PNM’s 2014 portfolio of renewable energy resources. These new projects are in addition to five plants completed in 2011 and an additional 21.5 megawatts of solar


126 www.compoundsemiconductor.net August/September 2013


PV to be completed this year; all totalling 67MW AC that First Solar has contracted or is expected to construct with PNM by the end of 2014.


The three projects, once approved, are expected to begin construction and be completed in 2014. Up to 300 local construction jobs are expected at peak.


“We are very pleased to be working with PNM on these new projects,” says Dana Diller, First Solar’s Vice President of U.S. Business Development. “PNM and the State of New Mexico continue to make great strides in meeting their renewable energy goals, and First Solar is excited to play a significant role in that effort.”


The solar plants in total will generate enough clean energy to power up to 8,960 average New Mexico homes, displacing about 25,300 metric tons of CO2 annually. That’s the equivalent of taking some 5,270 cars off the road, and displacing up to 14.5 million gallons of water consumption annually.


Ascent Solar to debut new CIGS product line at Outdoor Retailer


The products will be available to buy in August


Ascent Solar’s Manager of Branding & Marketing, Justin Jacobs says, “We look forward to exhibiting the exciting new additions to our product lines and giving distribution partners an opportunity to get a behind the scenes look at our products before they become available for sale later in August.”


Small enough to be attached to a belt loop yet powerful enough to make sure devices always have a charge, the Kickr line of personal solar chargers is uniquely enabled by the rugged, lightweight and flexible form factor of Ascent’s CIGS solar cells.


Kickrs are perfect for consumers who desire a robust and rugged charging solution when off the grid. Unlike chargers produced using traditional mono-crystalline solar which is heavy, fragile and cumbersome, the Kickr line is light, user- friendly and built to withstand even the harshest conditions.


Jacobs also adds, “Our presence at Outdoor Retailer also includes an invitation to product designers to learn about how our unique, lightweight, flexible solar technology can be integrated into a wide variety of innovative consumer and specialty outdoor applications and we look forward to helping them innovate.”


The EnerPlex brand represents Ascent’s line of consumer products. These products, many of which are integrated with Ascent’s transformational CIGS technology, provide consumers with the ability to integrate solar into their everyday lives, while enabling them to free themselves and their electronics from the outlet.


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