SunEdison to sell its Semiconductor Division SunEdison Inc. (SUNE) the US based solar and semiconductor company is going to spin off its semiconductor division to focus solely on solar power. The company has come a long way in its solar journey. SunEdision which was earlier known as MEMC produced silicon wafers solely for the semiconductor industry [...]

Solar Wafers are traditionally manufactured by growing polysilicon crystals in specialized furnaces. These crystals are then sawed to make thin slices of purified polysilicon which is then acted upon by various chemical processes to convert them into solar cells. There have been a number of companies in the past that have tried to find an [...]

LDK faces working capital crisis LDK Solar (LDK) which used to be the world’s biggest supplier of solar wafers and was building the biggest polysilicon plant is now contracting rapidly. The company which has more than $3 billion in debt saw its revenues contract by 50%, when other solar peers expanded their shipments and revenues. The company managed to ship [...]

Neo Solar and Del Solar Merger Consolidation in the global solar industry continues at an accelerated pace with companies exiting the solar business, bankruptcies being announced, takeovers by government and private companies. Now two of the largest Taiwanese solar companies have decided to merge. Neo Solar being one of the fastest growing companies in Taiwan with its focus [...]

MEMC to SunEdison MEMC – the world’s leader in silicon wafer manufacturing has now changed the company name to SunEdison. The shareholders approved of this change at the company’s annual meeting. SunEdison was a subsidiary of MEMC. US Polysilicon and Wafer Producer MEMC bought Sunedison which was one of the largest solar installers in 2008. Now MEMC is strongly expanding [...]

Leading solar wafer companies like Renesola (SOL), GCL Poly Energy, SAS and others remain under pressure due to the below cost prices of solar wafers. The whole solar wafer industry saw a huge expansion during 2010 and 2011 along with the other parts of the supply chain. As solar wafer equipment prices came down, companies [...]