02 Dec '12, 6am

More CIGS Solar Casualties: Global Solar Energy and ISET

More CIGS Solar Casualties: Global Solar Energy and ISET

Global Solar Energy was a CIGS flexible thin-film solar vendor notable for its small but real production volumes of eleven percent efficient solar cell product. According to Inside Tucson Business , Tucson-based Global Solar Energy has laid off about 95 of its employees and ceased operations. The company had a product line of portable solar charging equipment, flexible modules and building integrated PV (BIPV). Global Solar had been selling CIGS products on a flexible substrate for more than eight years. The firm was founded almost twenty years ago by UniSource Energy and ITN Energy Systems. Solon acquired Global Solar for $16 million in 2006. The plummeting cost of crystalline silicon solar panels from China has eroded the value proposition of CIGS thin-film solar which has so far failed to meet its promises of low cost and competitive efficiency. GTM Research has these e...

Full article: http://www.greentechmedia.com/articles/read/More-CIGS-Sol...

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