System integrators top utility scale development
Companies that both develop and install photovoltaic power plants known as system integrators have topped the latest list of large scale solar developers. German and American companies remain on top, however new entrants from Austria and China have made a dramatic jump in the ranking.
3M successfully completes Ceradyne tender offer
3M has announced that its tender offer to purchase all issued and outstanding shares of common stock of Ceradyne, Inc at US$35 per share was successful.
Yingli posts $150 million Q3 loss
While basking in the glow of its largest ever supply deal, Yingli Green Energy has posted a substantial loss for Q3 2012. The net loss of U.S. $152.6 million is an increase on the loss of $92 million in Q2, and $29 million in Q3 2011.
Training network for PV researchers
A new EU consortium will develop a training network for PV researchers. The KESTCELLS project as it is called has a total budget of over 3.7 million. The aim is to increase European competitiveness of existing technologies.
South Africa: SunEdison closes funding on 58 MW
SunEdison has announced today that it has closed US$314 million in financing for two utility scale photovoltaic power plants in South Africa. Plans to develop the 30 MW Witkop Solar Park and the 28 MW Soutpan Solar Park can now go ahead.
European consortium highlights competitiveness of PV
The PV PARITY Project has concluded that grid parity is imminent in several countries. The European wide project bases its results on system prices, retail electricity prices, cost of financing, and capacity in countries to self-consume PV power generated.
Oerlikon completes sale of solar business
Oerlikon has announced that it has closed the sale of its solar business to Tokyo Electron Ltd. (TEL). TEL acquires 100% of Oerlikon Solar shares with cash proceeds for Oerlikon amounting to CHF 250 million (207 million).
Japan: ORIX to develop 200 MW as market blossoms
In another sign of the moves into photovoltaics by a diverse collection of Japanese industrial players, financial services group ORIX has announced its plans to develop 200 MW of solar projects over the next three years.
QBotix receives US$1 million under SunShot Initiative
Robotics company QBotix has received a US$1 million development award under US Department of Energy’s SunShot Initiative.
Emerging markets to grow to 12 GW p.a. by 2017
IHS has plotted the shift away from established markets towards emerging markets in its latest photovoltaic market report. It has forecast cumulative demand of around 30 GW to be delivered by the emerging markets over the next four years.
