Facing a lawsuit in the region of $1 billion filed by polysilicon producer Hemlock Semiconductor Corporation, the Chinese Tier 1 solar company has today reached a settlement at the Supreme Court of the State of New York.
Elon Musk and Lyndon Rive are arguing that SolarCity will bring cash in to Tesla’s balance sheet, while shareholders wait for the solar installer’s results call.
The acquisition narrows the number of companies that are developing FBR, and further consolidates the transfer of this technology to Chinese companies.
Having warned it will miss its 2016 forecast, German solar firm SolarWorld publishes flat preliminary third quarter results that reveal slight fall in revenue. Shipments did grow Y-O-Y by 5%.
Under the direction of Anubhav Jain of Lawrence Berkeley National Lab, five DOE labs will work to accelerate the development and development of innovative materials for PV modules.
VDMA’s guide to technology trends in the PV industry expects rapid change in the cell and module space.
I have focused in recent weeks on political issues at the state and national level for my editorials. However, not all of the solar industry’s concerns have to do with politics. At least not directly.
The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.
Panasonic will operate the Buffalo “gigafactory”, and sell modules to Tesla/SolarCity.
The German PV manufacturer announced that although it is set to achieve its shipment forecast for 2016, it is unlikely to meet its revenue and operating income forecasts for the year, and has already begun to point the finger at Chinese companies.
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