Hanergy Holding Group Ltd., a Chinese thin-film solar panel maker, expects the technology it has backed to take a greater share of the market that’s dominated by silicon-based cells as the biggest manufacturers stumble.
“A new age represented by thin-film technology will come,” as silicon-based panel producers led by Suntech Power Holdings Co. Ltd. and LDK Solar Co. Ltd. suffered losses, Hanergy’s Chairman Li Hejun said in an interview. “The market demands cheaper equipment that features flexibility and with more applications.”
