1366 Technologies CEO Frank van Mierlo is a betting man and he’s betting your humble narrator that high-efficiency tandem solar cells are the near-term commercial future of solar.
Increased net sales and income per share are coupled with 1.6 GW DC of bookings, reports of a 445 W module and environmental recognition for the Series-6 line, point to yet another successful quarter for the company.
Plus a bunch of investments in carbon capture.
Chinese manufacturer JA Solar has announced a new 525 W+ panel and said the product will be available from the second half. Domestic rival Risen has shipped the first batch of its high-powered modules and intends to stick to pre-Covid-19 plans to ramp up production.
The solar efficiency leader remains on track to complete its planned split into two independently focused pure-play solar companies by the end of the second quarter.
The U.S. thin-film solar company says its production lines in Ohio, Malaysia and Vietnam have thus far been able to carry on operations. The company says measures have been taken to protect its workers at all of its premises.
The company’s technology falls in the ‘kerfless’ wafer category: Instead of sawing silicon ingots into wafers, a time-consuming and wasteful process, 1366’s technology forms wafers directly using molten silicon.
The thin film PV maker has completed one of its most challenging quarters in many years; however it is still sold out into 2021.
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