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.
3S Soluciones y Servicios Energéticos files for bankruptcy
Spains photovoltaic and renewable energy company 3S Soluciones y Servicios Energéticos based in Zizur Mayor has initiated voluntary bankruptcy proceedings in front of Commercial Court number 1 of Pamplona.
PG&E launches Green Button Connect
As a part of its plan to facilitate better demand-side management of electricity usage, the Pacific Gas and Electric Company (PG&E) has launched its Green Button Connect system. The software aims at providing electricity usage data to customers and to solar installers, to allow for more integrated photovoltaic and demand-side electricity solutions.
3M will buy Ceradyne Inc.
3M will go ahead with the acquisition of Ceradyne Inc. for US$860 million and thereby expand into the ceramics business. Ceradyne produces fused silica crucibles for casting multicrystalline silicon cells for PV, among other things.
Centrotherm: Application granted for self-administration
The District Court of Ulm has granted centrotherm’s application to open reorganization proceedings under its own administration. This marks a decisive phase in the proceedings.
Details emerge on SoloPowers plans
While CIGS startup MiaSolé heads towards sale, to the Hanergy Holding Group, for what seems to be a very low price, details have emerged as to fellow U.S. flexible module producer SoloPowers plans.
