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SPI Solar secures $140 million private placement

Solar Power, Inc., PV installation

As part of the deal, the solar developer will sell $70 million of common stock and convertible promissory notes to investors, who will also receive options to buy a further $70 million in company shares.


Huge “Project Helios” plant planned for Greece

Solar panels set against the Greek dusk sky.

The International Herald Tribune (IHT) in Greece has reported that a "mammoth" 10 gigawatt (GW) solar plant is being planned for Greece. The project would be driven by investment from Germany.


More than half world’s power to come from solar in 50 years

A photovoltaic arrag in Europe.

The International Energy Agency (IEA) has been reported by Bloomberg as saying that the majority of the world’s power will be produced by solar by 2060. What’s more, photovoltaic and solar-thermal plants may meet half of all...


US: Another no-cost solar scheme

A residential solar installation in the United States.

MS Solar Solutions Corp. (MSSS) and Main Street Power Company Inc. today launched the “Solar for All” residential photovoltaic program, which will provide systems for low-income householders in California.


29. August 2011 | | Comment now

Germany: PV generation overtakes hydropower for the first time

Photovoltaic panel in Germany with electricity lines next to it

In the first half of 2011, renewable energy broke a new record, having met more than 20 percent of Germany’s electricity demand. Also for the first time, photovoltaic generation overtook hydropower.


29. August 2011 | | Comment now

Former Conergy chairman hits back; production closure status updated

Conergy Frankfurt/Oder facility

On Thursday, Conergy’s supervisory board filed suit against four former board members. Now the former chairman is defending himself against the allegations. In other news, there are reports that Conergy only plans to manufacture...


Etrion's Italian PV portfolio hits 60 MW

Etrion 10 MW photovoltaic park in Puglia, Italy

Etrion Corporation has completed its 10 megawatt (MW) Helios ITA-3 solar project in Puglia, Italy, thus bringing the company's photovoltaic portfolio in the country to 60 MW.


Global Solar Energy opens thin film plant in Germany

Global Solar Energy 35MW thin film photovoltaic module manufacturing facility in Berlin-Adlershof

U.S.-based Global Solar Energy has opened a 35 megawatt flexible thin film photovoltaic module manufacturing plant in Germany’s Berlin-Adlershof.


8minutenergy and Gestamp release project details for 355 MW pipeline

Chocolate Mountains 50 MW solar farm

Last week, 8minutenergy Renewables and Gestamp Solar announced their intention to install 355 megawatts (MW) worth of photovoltaics in California. They have now provided pv magazine with the project specifics.


SunPower and Akuo Solar enter into 24 MW supply agreement

French flag

SunPower is to supply Akuo Solar with 75,000 photovoltaic modules for two French solar power plants worth 24 megawatts (MW).


Japan: Renewable energy signed into law

Some architectural solar panels in Osaka.

While details of the scheme are pending, photovoltaics looks set to receive a major boost in Japan with a renewable energy bill passing through the upper house of parliament today. Analysts Jefferies predict solar to be the big...


Conergy sues 4 former board members

Conergy HQ building at night

The dust apparently refuses to settle at the Hamburg-based photovoltaic company. Conergy has now decided to sue four of its former members of the board for violations as established under the German Stock Corporation Law.


GT Advanced Technologies acquires Confluence Solar

GT Advanced Technologies screenshot

GT Advanced Technologies Inc., formely known as GT Solar, has acquired Confluence Solar Inc. for USD$80 million.


SpectraWatt files for bankruptcy just months after laying off workers

Intel headquarters

According to various media reports, solar cell manufacturer SpectraWatt Inc. has filed for bankruptcy. The news comes just months after the company laid off over 100 employees.


Brazilian soccer stadium to use PV; aim to install solar on all 2014 world cup venues

Pituaçu Stadium, located in Brazil’s third largest city, Salvador da Bahia

Just two months after Brazil grid-connected its first commercial-scale photovoltaic plant, the country is now to play host to Latin America’s first soccer stadium kitted out with solar panels.


Suntech to supply 28.7 MW worth of PV modules to US project

Suntech solar photovoltaic modules being manufactured in Wuxi, China

SunPeak Solar, LLC has chosen Suntech to supply 28.7 megawatts (MW) DC of photovoltaic modules to its 23 MW AC solar power plant in California.


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