The “Bedford Report” which releases regular market updates on the Solar industry says that Germany consumes more than half the world's supply of the modules that turn sunlight into electricity. Growth is expected to cool in the years ahead to between 3 and 5 GW per year.
The joint venture will engage in the research, manufacture and sale of light emitting diode (LED) wafers, chips, source modules, light sources and lighting with a total investment amount of $160 million.
Boeing has announced that it has received a contract for approximately $1 billion from the government of Mexico to deliver an end-to-end satellite communications system. The system, known as MEXSAT, will consist of three satellites, two ground sites, associated network operations systems and reference user terminals. MEXSAT will provide secure communications for Mexico's national security needs, as well as enhanced coverage for the country's civil telecommunications.
IMS Research’s latest quarterly GaN LED report says that oversupply is accelerating due to a significant reduction in the number of LEDs required per panel. The report also says that Samsung and LG are battling over LED consumption leadership for LCD displays.