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Most recent news from the solar industry, courtesy of www.pv-tech.org.
GT Solar enters sapphire crystal growth market with acquisition
30.07.2010: Crystalline growth equipment supplier, GT Solar is venturing into new markets with the acquisition of privately-held Crystal Systems, which manufactures high-quality, large area sapphire substrates used in the LED, defense, medical and aerospace industries. Under the terms of the agreement, approximately US$24 million in cash, 5.4 million shares of GT Solar common stock and a US$21 million cash earn-out secured the deal. Crystal Systems’ development and manufacturing operations are located in Salem, Massachusetts, U.S. more >>
iSuppli says UK is world?s fastest-growing market for solar
30.07.2010: Despite module and inverter shortages and lack of well trained installers as well as significantly higher prices than seen in Germany, the UK solar market is claimed to be the fastest growing in the world right now! According to market research firm, iSuppli Corp solar system installations will reach 96MW in 2010, up 1,500% from barely a year ago and before the feed-in tariff (FiT) was introduced in April this year. Then in 2009 only 6MW had been installed. more >>
Würth solar moves into the wholesale photovoltaic market with SolarMarkt acquisition
30.07.2010: SolarMarkt, the wholesaler and project planner for photovoltaic systems, has been acquired by Würth solar. Alongside the declaration of this acquisition, Würth also presented its extended company strategy, at a press conference in the Schwäbisch Hall, Germany. The company said that it plans to anchor its dynamic growth on five pillars and is planning to increase its sales to over €500 million by 2014. more >>
ISRA Vision completes acquisition of Graphikon
30.07.2010: ISRA Vision has completed its acquisition of Graphikon, Gesellschaft für Bildverarbeitung und Computergraphik, based in Berlin. Graphikon's product range includes wafer-based solar cell and glass tube inspection tools. ISRA will also obtain the company's client list which includes the likes of Aleo Solar, Q-Cells, Würth Solar, Solarwatt, Schott, Evergreen Solar, Epcos and Solarworld. more >>
To cut or not to cut? Spanish solar feed-in tariff saga continues
30.07.2010: The Spanish feed-in tariff saga has moved another step towards conclusion, as the government joins solar power producers in forming an agreement for subsidy reduction and electricity price reduction, aiming at the same time to preserve the country's renewable energy industry. more >>
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