NRG acquires Solar Power Partners
NRG Energy has acquired Solar Power Partners for an undisclosed sum, thus adding 30 megawatts (MW) worth of distributed solar projects to its roughly two gigawatt (GW) portfolio.
Forum Solarpraxis: More foreign investment and lobbying needed
After an opening day that seemed somewhat overly focused on the German market, the second day provided a whistle-stop, round-the-world tour encompassing both prominent and emerging markets from Europe and beyond. The key issues to emerge were a need for more foreign investment and lobbying against other power sources.
Diversification and integration keys to surviving solar shakeout
In a new solar study, Bank Sarasin has named the five companies most likely to survive the current market shakeout, and identified those which are set to fail. International diversification and vertical integration are the watchwords for success. Meanwhile, India has been identified as a leading solar market going forward.
China: GCL-Poly and CGN to work on one GW solar project
GCL-Poly Limited and CGN Solar Energy Development Co. Ltd. have entered into a cooperative framework agreement under which a one gigawatt (GW) solar project is expected to be realized.
Germany: FDP looking to cap PV market at one GW
The German Liberal Party (FDP) leader is looking to place a one gigawatt (GW) cap on solar subsidies. Federal Minister for the Environment Röttgen has swiftly rejected the demand, however. He has also said he wishes to preserve the existing subsidy system.
First Solar hits 5 GW production milestone
Proving its thin film prowess, First Solar has announced its cumulative photovoltaic module production has reached five gigawatts (GW). It is the second solar company in the world to do so.
India: Traditional EPC players yet to make a mark
Bridge to Indias Mohit Anand discusses the solar engineering, procurement and construction (EPC) landscape in India. In addition to identifying the main players, he also looks at their proposed photovoltaic pipelines.
Ontario: Northland signs supply contract for 130 MW PV pipeline
Northland Power Inc. has signed a supply module contract with MEMC Singapore Pte. Ltd. They will be used in Northlands 130 megawatt (MW) photovoltaic pipeline, in Ontario.
China Sunergy suffers Q3 losses; misses shipment targets
The Chinese manufacturers are also suffering from the global solar slowdown. In announcing its third quarter (Q3) 2011 results, China Sunergy has recorded a poor financial performance and missed its shipment guidance. It expects Q4 to remain weak.
Coveme first European PV components supplier to open Chinese factory
Photovoltaic backsheet producer, Coveme Group, opened its Chinese production facility yesterday in Zhangjiagang City, Jiangsu Province, China. It is the first time a European photovoltaic components supplier has openend a manufacturing plant in the country.
