Manufacturing

France-based Fonrocheenergie SAS has signed an agreement with Kazakh ZhambylGidroEnergo to install a two GW photovoltaic project in Kazakhstan. Construction is scheduled to begin next year.

Heavily impacted by its terminated wafer sales contract with MEMC, Conergy recorded a number of Q3 2012 losses. Despite this, its results are on an upward trajectory, compared to the same period last year. Overall, the company is confident it is “on the right track”.

Indian solar installations stalled in Q3 2012, however around 1.1 GW of projects are due to be added in the next six months. Meanwhile, the market is eagerly awaiting the Phase II policy announcement, which is expected sometime towards the end of this year. Already draft tariffs have been released.

Bosch Rexroth has confirmed it will let its Desertec Industrial Initiative (Dii) membership expire at the end of the year. Following Siemens’ exit, Bosch is the second company to withdraw from the initiative.

EDF Energies Nouvelles has commissioned a 115 MWp photovoltaic plant near Nancy in the Meurthe-et-Moselle department of eastern France.

Bosch subsidiary aleo solar AG must only pay back part of the loans granted to it by Bosch, thus somewhat relaxing the financial situation of aleo.

Norway-based Scatec Solar has begun construction on a 75 MW photovoltaic project in South Africa, having signed a final agreement with the country’s Department of Energy.

Trina Solar Limited has announced significant changes to its Q3 financial guidance, ahead of the release of its quarterly figures.

AES Solar has completed three rounds of debt financing worth over US$750 million for 288 MW of photovoltaic projects in the U.S. and France, and a corporate revolving credit facility.

The 6th annual Renewable Energy India (REI) closed its doors last Friday evening on the back of rumors that the Indian Government will pursue a solar trade case soon.