The global solar energy industry in the second quarter was 330 million USD VC

Research institutions on GreenTech6 report released on the 30th showed that the second quarter of 2009 venture capital in the global investment in solar energy to 17 the number of investment of 330 million U.S. dollars. The report also shows that the second quarter of the global venture capital investment in green technology amounted to 1.2 billion U.S. dollars, up 43 percent than the Central, the first quarter of this figure was only 836 million U.S. dollars. In addition, venture capital for the second quarter of the global automotive and transportation industry for eight investment transactions, investment of 205 million U.S. dollars; bio-fuels, clean coal gasification and the investment amount and the amount of 12 and 195 million U.S. dollars; investment in battery for the 10 and 181 million U.S. dollars.

Since the second quarter, the global solar energy industry business was significantly improved, in addition to the above-mentioned venture capital has been favored, the problem of financing of solar energy companies have also gradually eliminate the problem. The latest news is that June 25, Standard Chartered Bank (China) Co., Ltd. announced that for Trina Solar Co., Ltd. China 57 million U.S. dollars to provide credit lines for trade finance and foreign exchange hedge products. The Trina Solar will credit the purchase of raw materials and product sales to provide financial support to help them hedge market volatility due to foreign exchange risk arising. June 30, China's Suntech Power announced that it has a member of IFC and the World Bank Group, signed a 50 million U.S. dollars of convertible bonds agreement. The loan to support the high conversion rate Tak technology - Pluto technology, production expansion plans and re-financing needs.

In addition to solar energy enterprises in China outside of the recent financing, SPG Holdings LLC today announced the adoption of global environmental protection funds (Global Environment Fund) and the completion of Robeco a 13 million U.S. dollars in equity financing.

Jul. 2, 2009

Motech X-CELL conversion efficiency of solar cells above 17.5%

Motech Industrial Inc. Released, code-named X-CELL's new solar cell structure. X-CELL Jingjing structure system in a single cell mass production can be achieved on average more than 17.5 percent conversion efficiency. The patent-pending X-CELL technology uses a unique manufacturing process of the pile, you can enhance the battery inside the detention of the light so as to effectively enhance the photoelectric conversion efficiency. At the same time, in comparison to the traditional structure of the solar cells, X-CELL manufactures solar cells fragment also significantly reduced. Customers have access to the benefits of the dual.

Motech existing machines can be imported on the X-CELL technology, no additional capital expenditures to further consolidate the competitive edge in the market Motech.

Motech currently can supply X-CELL Jingjing五吋single battery system and is expected to launch in the third quarter of six inches, single X-CELL battery Jingjing system.

Jun. 28, 2009