news digest ♦ Solar
private placement of $9.7 million. In June 2011, the company paid its remaining capital contribution obligation to its Suncore joint venture. Emcore says it is not required to contribute additional funds in excess of the initial $12 million investment, and at this time, it does not anticipate contributing any additional funds to Suncore.
Business Outlook
For the fourth quarter ending September 30, 2011, Emcore expects consolidated revenue to be $51 to $55 million.
Manz given €3.8 million to develop CIGS technology in Germany
The firm has joined a government-sponsored project as part of the Photovoltaics Innovation Alliance. Würth Solar and the Centre for Solar Energy and Hydrogen Research (ZSW) in Stuttgart are part of the team.
Efficient solar technology “made in Germany” with decreased manufacturing costs – that is the goal of two development partnerships Manz AG is participating in with various industry and research partners.
Manz has entered the first cooperative research project with the CIGS module manufacturer Würth Solar and the Centre for Solar Energy and Hydrogen Research (ZSW) in Stuttgart. The goal of this project is to make more rapid advancements in CIGS thin-film technology licensed to the company as part of the exclusive expertise and cooperation agreement with Würth Solar.
CIGS modules are one of the most efficient of all thin-film solar technologies available today. Photovoltaic cells in ZSW’s laboratory, which have an impressive efficiency of 20.3%, demonstrate that there is still enormous potential for increasing the efficiency of mass-produced cells.
The primary goals of the project are to both rapidly increase efficiency while simultaneously reducing investment and manufacturing costs. The project has a total budget of €12.5 million. Manz will receive €3.8 million in subsidies over the next four years from Germany’s Federal Ministry for the Environment.
The second project involving crystalline silicon solar 128
www.compoundsemiconductor.net August/September 2011
cells has a budget totalling €7.7 million, with €1.85 million coming from government subsidies. “The issue here is Germany’s ability to compete in our industry on an international scale,” says Dieter Manz, founder and CEO of Manz AG, “and we are up against strong research initiatives in many countries, not only in China. For Manz, the support is important as we move down the path toward our strategic goal of becoming the leading supplier of fully integrated production systems.” As part of the Photovoltaics Innovation Alliance launched in August of 2010, Germany’s federal government is funding select industry projects in order to reach grid parity for solar power as quickly as possible. This refers to the point at which the cost of generating solar power is competitive with other sources of energy.
Q-Cells CIGS technology shoots and scores in Germany
The firm is installing roof-top solar systems at the Hallesche FC and Borussia Dortmund football stadiums.
Q-Cells SE will install a 526 kilowatts-peak (kWp) photovoltaic plant on the roof of ERDGAS Sportpark, the new stadium of the Hallesche FC (HFC) using its CIGS technology.
The football team from the city of Halle (Saale) will play their home games in the ERDGAS Sportpark.
Project developer Q-Cells has already completed preparing for construction in coordination with HFC and Stadion Halle Betriebs GmbH, and is negotiating with potential investors in the solar project. Once these negotiations are successfully concluded, Q-Cells will install the photovoltaic plant on the roof of the ERDGAS Sportpark stadium as the general contractor. The company will also assume responsibility for operating and maintaining the system.
Installing the photovoltaic roof-top plant, HFC and Q-Cells want to contribute to expanding solar power in the Halle region. “We are setting an example for the transformation of the regional energy market by installing the solar system on the roof of the
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