A new management flight simulator, aimed at helping users set prices for solar panels, has been launched by the Massachusetts Institute of Technology (MIT).
Prime Sun Power Inc. (PSP) has entered into a Strategic Investment Agreement with Bangkok Solar Power Co., Ltd. (BSP) to acquire up to 6,639,063 shares – worth 40 million (USD$49.5 million) – of PSP Common Stock at a price of 7.73 per share. All shares issued to BSP will be subject to a lock-up period until December 31, 2013.
Kyocera has begun manufacturing solar modules in San Diego, in the U.S. The companys initial production target is 30 megawatts per year; to begin with the line will include solar modules ranging from 210 watts to the company’s latest 235-watt modules.
The China Energy Conservation and Environmental Protection Group (CECEP) has announced plans to build a five megawatt (MW) utility-scale PV power plant in Inner Mongolia using silicon-based thin film solar modules.
Over a billion euros must urgently be invested into research and development (R&D) for the photovoltaics (PV) industry, says the European Photovoltaic Industry Association (EPIA), so that it can compete with traditional power generation.
The number of U.S. solar manufacturing plants is expected to skyrocket within the next few years. Cell capacity is also predicted to reach four gigawatts (GWs) by the end of 2012.
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