Sumitomo invests in 550 MW solar farm
Sumitomo Corporation of America (SCOA) and parent Sumitomo Corporation have invested in the Desert Sunlight solar farm in the Californian desert. This is Sumitomo’s first U.S. solar investment.
PV Taiwan: Oversupply remains an issue
Vertical integration or horizontal ‘dis-integration’? Consolidation or specialization? And when will manufacturing capacity ever come in line with demand? These are some of the formidable questions executives of several of Taiwans and Chinas largest solar makers wrestled with at the executive forum on the opening day of PV Taiwan.
China: GCL-Poly to supply modules for 310 MW plant
Government approval has been secured for the planned 310 MW solar plant in Datong, Shanxi province, China, and production will start from fourth quarter onwards with the facility fully operational in the first half of 2013, according to the executive president of GCL-Poly, Shu Hua.
PV Taiwan: Hopes and strategy changes
Slower traffic and no solar boomtown atmosphere, but still engaged interest and good business talks. This is so far the impression from this year’s PV Taiwan, which opened its doors yesterday.
Germany: 145MW solar park completed
It is one of the biggest photovoltaic projects in Germany. The 145 MW solar park in Neuhardenberg has been completed in record time and before the transitional period expiry date to attain subsidies.
Aster Capital leads financing round for SolarFuel
Venture capital firm Aster Capital, sponsored by Alstom, Solvay Rhodia and Schneider Electric, has announced a 4 million investment in SolarFuel GmbH. This is part of a 7.5 million financing round that Aster Capital is leading. The investment round includes Ventrex Automotive GmbH from Austria.
Centrotec sells its Centrosolar shares
Centrotec Sustainable AG has disposed of its 26.14% holding in Centrosolar Group AG. Centrotec hereby winds up its focus on photovoltaic. Centrosolar is now a fully independent company and thereby enjoys increased strategic scope to act in the PV market.
First Solar: Three transfer companies for employees planned
First Solar will stop its operations in Frankfurt Oder by the end of 2012. According to a media report, it is not going to be easy to find alternative jobs for its employees by the end of the year.
Solar Frontier completes 80 MW delivery
Solar Frontier has delivered 80 MW of its CIS solar modules to the Catalina project in Kern County, California. The modules will be part of a 143.2 MWp installation.
Italy: GSE publishes FITs-eligible list
Earlier than expected, the Italian network agency GSE has released the list of projects that will qualify for FITs according to Conto Energia V. The big surprise is that only 90 million out of the 140 million allocated has been exhausted.
