First Solar (Tempe, Arizona) has further strengthened its global leadership in thin film photovoltaics by acquiring Evolar AB, a European leader in perovskite technology. The purchase price is approximately $38 million paid at closing and up to an additional $42 million to be paid subject to certain technical milestones being achieved in the future. The impact to 2023 operating expenses is expected to be approximately $2-4 million, excluding the impact of purchase price accounting.
On 22 June, TechBlick will once again be hosting its free to attend Virtual Innovations Festival covering printed, flexible, hybrid, 3D, wearable and textile electronics. Khasha Ghaffarzadeh, CEO of TechBlick, said: "We are confidentially predicting this Festival will be largest of its kind and a wonderful opportunity to hear the latest developments in PE and network with all the global players too." The audience will be truly global, with attendees from many different time zones.
OLED microdisplays have so far been developed predominantly on 200mm wafers. These conventional CMOS technologies and the associated backplane design have limited the number and size of pixels until now. At the Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP (Dresden, Germany), OLED microdisplays have been realised for the first time in a 28-nanometre backplane technology on 300mm wafers within the "Backplane" project funded by the Saxon State Ministry of Economics, Labour and Transport (SMWA).
