Installations

The U.S. Department of Energy’s SunShot solar initiative has awarded another $9 million of funding to seven data projects.

According to the terms of the proposed PPA for the 50 MW Macho Springs solar park in New Mexico, First Solar would be selling the energy generated by its thin film modules for a record low price for the technology.

Geenex has said it intends to invest at least US$500 million in photovoltaic projects in the U.S. over the next five years. The first project is slated to be 50 MW in size.

Phoenix Solar has completed the design and installation of a 3.5 MW photovoltaic park in Saudi Arabia. It is said to be the largest plant of its kind in the region.

Photon Energy Investments N.V. has unveiled an almost 127 MWp pipeline, which it intends to roll out across five countries. The company hopes to raise €40 million in bonds to “kickstart” the projects.

1366 Technologies has officially opened its new US$6 million 25 MW solar wafer manufacturing facility in Massachusetts. Up to 100 people are expected to be employed there.

Germany’s Federal Network Agency has again at the last minute released the latest photovoltaic installation figures and feed-in tariff (FIT) reductions. While last December saw just 330 MW of new plants added, a new installation record was seen in 2012. Meanwhile, FITs will drop 2.2% over the next three months.

Envision Solar International, Inc. (EVSI), Horizon Energy Group and an unnamed property owner have signed a memorandum of understanding to design and install a 35 MW solar forest in North Carolina.

First Solar Inc. has acquired Element Power’s 50 MW Macho Springs Solar project in New Mexico, the U.S. No financial details were disclosed.

Etrion has announced the details of its first proposed Chilean photovoltaic park. The company has entered into a letter of intent (LOI) with Atacama Minerals Chile S.C.M. to install the 8.8 MW project in the north of Chile.