PV module production in India could hit 6 GW by 2015
The photovoltaic cell and module manufacturing industry in India has developed from less than 200 megawatts (MW) in 2007, to around two gigawatts (GW) in 2011. Bridge to India estimates that it will see “significant” growth over the next few years.
JinkoSolar discusses the challenges it faced in 2011, and looks at the year ahead
In an interview with pv magazine Arturo Herrero, chief marketing officer at JinkoSolar talks about how the company has managed to, fairly successfully, weather the 2011 solar storm. He also talks frankly about the recent Haining situation and adds his thoughts to the U.S.-China trade dispute.
Solarhybrid's Solar Millennium PV pipeline takeover postponed
The negotiations between Solar Millennium AG and solarhybrid AG had been expected to be concluded by the end of November. However, it looks likely that discussions will go on into the New Year.
Stion secures US$130 million financing for thin film plans
U.S. thin film photovoltaic module manufacturer, Stion, has secured US$130 million in equity investment. Among other plans, it will establish a Korean subsidiary and manufacturing facility.
300 MW Sonoran PV project approved
The U.S. Interior Department has approved NextEras 300 megawatt (MW) Sonoran photovoltaics project. Set to be located in Arizona, more hurdles need to be cleared before it can be brought online, however.
Bosch to buy Conergy inverter subsidiary
Bosch Group and Conergy AG have entered into negotiations under which Bosch will acquire Conergys inverter subsidiary, voltwerk electronics GmbH. The financial sum was not divulged.
Solar Millennium files for insolvency
Solar Millennium AG is the latest victim of the weak solar market conditions. Just this afternoon, it announced that it has filed for the opening of insolvency proceedings.
Indian solar capacity to hit 33.4 GW by 2022; off-grid potential "huge"
A new report on Indias solar market forecasts that as much as 33.4 gigawatts of both off- and on-grid solar will be installed in the country by 2022. While the National Solar Mission (NSM) aims to install 20 GW, it is believed there are “huge” off-grid opportunities. Furthermore, Rajasthan is expected to become the countrys solar hub.
Sacramento: Google invests in 88 MW worth of PV projects
Internet giant Google, investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR), and solar developer Recurrent Energy are to work on a portfolio of photovoltaics projects worth 88 megawatts (MW) for the Sacramento Municipal Utility District (SMUD).
Canadian Solar and TransCanada enter into 86 MW PV project agreement
TransCanada Corporation is set to acquire 86 megawatts (MW) worth of photovoltaics projects from Canadian Solar Solutions Inc. (CSSI) for around CA$470 million.
