Solexant's nanocrystal solar technology receives USD$41.5 million
Third generation thin film developer Solexant Corp. has secured USD$41.5 million during the first close of a Series C financing round, following the successful completion of a two megawatt (MW) pilot line operating at the company’s headquarters.
Meyer Burger wins order for over CHF 25 million
Meyer Burger Technology Ltd has announced a contract for wire saws and wafer inspection systems worth over CHF 25 million (around USD$21 million or 18 million) with Chinese manufacturer JA Solar Holdings Co., Ltd.
German Bundesrat stops solar cuts – updated
A mediation committee concerning the cuts in the promotion of solar energy has been convened by Germany’s Bundesrat upper house of parliament. A key industry figure has said that people should not expect the cuts to be smaller though.
Enphase secures USD$63 million in funding
Microinverter firm Enphase has secured USD$63 million in funding.
Kyocera starts San Diego solar cell manufacturing line
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.
MIT launches flight simulator to help set solar prices
A new management flight simulator, aimed at helping users set prices for solar panels, has been launched by the Massachusetts Institute of Technology (MIT).
PSP and BSP sign Strategic Investment Agreement
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.
German solar cuts "hit parliamentary hurdle"
Germany’s Bundesrat upper house of parliament is unlikely to pass cuts to solar incentives, so a mediation committee would be needed to resolve the matter, government sources have told Reuters.
China: Largest thin film solar farm to be built in Inner Mongolia
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.
1.2 billion urgently needed to boost European PV industry
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.
