Crowdfunding solar site Solar Mosaic has funded the first four projects it offered within 24 hours of launching on Monday. The four projects are worth over 150 kW combined and are on affordable housing sites in California.
Chinas Hanergy has completed its acquisition of Silicon Valley thin film manufacturer MiaSolé. The acquisition indicates that Hanergy intends for MiaSolé to supply the flexible module market and its other CIGS acquisition, Solibro, glass modules to Europe. R&D breakthroughs and patents between all three will presumably be shared.
Reuters are reporting that China has set a goal to install 10 GW of new solar capacity in 2013. This would more than double its current cumulative capacity of 7 GW.
Japanese thin film manufacturer Solar Frontier has claimed a cadmium free CIGS efficiency record, on tiny cells measuring 0.5cm x 0.5cm. The efficiency of 19.7%was measured by Japans National Institute of Advanced Industrial Science and Technology, and is an improvement on the previous record of 18.6%, which had stood for a decade.
Bernreuter Research sees rising demand with new PV installations of 36 GW. According to the latest Bernreuter Research analysis the global polysilicon industry will resume growth and increase production by 6.5% in 2013.
Energy market analysts with GlobalData have sent a warning to U.K. and Italian consumers, saying that they should “invest in solar or pay the price”. The analysts cite gas price instability as the key driver in making solar a sound economic decision for consumers.
NPD Solarbuzz has stated in its China Balance of Systems Market Report that revenues of CNY 19.5 billion (US$3.1 billion) will be made available to PV balance-of-system suppliers in the Chinese market this year.
In another sign of its continuing and robust support for photovoltaics, the U.S. military has given the go-ahead for a 12.3 MW installation at the Joint Military Base McGuire-Dix Lakehurst in New Jersey.
The Hellenic Association of Photovoltaic Energy Producers (SPEF) has filed a formal complaint at the European Commission with regards to the special levy the Greek Government has imposed on photovoltaic parks.
The New York Stock Exchange (NYSE) has sent a notice to LDK Solar stating that the company is in compliance with NYSE’s continued listing requirement of a minimum average closing price of US$1 per share over a consecutive 30-trading day period.
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