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Hanwha SolarOne announces new COO

Hanwha SolarOne Co. Ltd. today announced that the Company’s Board of Directors has appointed Tai Seng PNG as its new chief operating officer (COO). PNG’s appointment will become effective immediately.

India: SunBorne closes financing on 15 MW PV plant

SunBorne Energy has closed financing on the debt component of $30.6 million (INR 1.4 billion) for a 15 megawatt (MW) photovoltaic plant in the state of Gujarat, India.

Poland: First 1 MW PV plant online soon

Construction work on Poland’s first megawatt photovoltaic power plant is drawing to a close.

Q2 results signal “turning point” for China Sunergy

Solar cell and module producer China Sunergy has posted a USD$16.9 million second quarter (Q2) loss, representing a net margin of negative 11.7 percent. The company did not meet the low end of its revised shipment guidance of 100 megawatt (MW) for the quarter.

Interview: Suntech founder outlines PV strategy going forward

Hitherto focused on Europe, which accounted for 66 percent of its revenue in 2010, Suntech Power is diversifying its strategy, betting big on the U.S., Asia Pacific, the Middle East and Africa. In an exclusive interview, Zhengrong Shi, founder and CEO talks to pv magazine about the company’s latest plans.

India’s Karnataka invites solar bids worth 80 MW

The Indian state of Karnataka is inviting bids for solar projects worth 80 megawatts (MW). A draft of the power purchase agreements (PPAs) offered under the policy has also been released. Criticism is aimed at both the lack of experience required for developers, and the benchmark tariffs set.

US Coast Guard starts $50 million solar rooftop renovations in Puerto Rico

On any U.S. Coast Guard ship, “PV” refers to a passenger vessel. But now some shore-side personnel are learning a new lexicon, as their bases in Puerto Rico launch a photovoltaic project.

Deutsche Bank praises German PV policy

Deutsche Bank has labeled Germany’s feed-in tariffs (FIT) as ‘Best-in-Class’ while offering comment on balancing policy longevity and supporting investor security.

Italy: GSE adjusts PV subsidy register again

The Italian network authority, GSE, has published an updated list of the photovoltaic systems that will receive subsidies this year. Currently more than 2,700 projects are on the waiting list.

US permits 550 MW PV project

U.S. Secretary of the Interior, Ken Salazar has given the go-ahead to the largest photovoltaic facility ever to be built on public land in America.

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