Totals SunPower 60 percent acquisition costs $1.4 billion
The move by French oil giant Total, to deepen its involvement in the photovoltaic industry by purchasing 60 percent of SunPowers stock, has closed costing them $1.4 billion. SunPowers stock responds with slight increase in share price.
North Americas largest rooftop solar power plant announced
A nine megawatt (MW) photovoltaic system will be constructed on the rooftop of a giant refrigerated warehouse in New Jersey, by a partnership between the family owned Holt Logistics and SunPower Corporation. The project will cost $42 million and is expected to be completed before the end of the year.
Bosch to build 640 MW production facility in Malaysia
A photovoltaic manufacturing site in Penang, Malaysia, is scheduled to be completed by the end of 2013, at a cost of 520 million. The facility will primarily serve the Asian solar market.
pvXchange figures show significant price milestone
Online photovoltaic product exchange platform shows manufacturers across all tiers dropping prices and the 1-per-watt-peak milestone being reached for modules from Asian manufacturers. Although it must be noted that this price was only reached for larger installations and therefore higher order volumes.
Solar Dawn consortium selected for 250 MW Australian hybrid plant
The consortium formed by AREVA Solar and CS Energy and Wind Prospect CWP will construct the biggest solar thermal gas hybrid of its kind, with part funding from the Australian Government and the Queensland State Government.
Siemens diversifies solar portfolio with HCPV acquisition
Siemens has acquired around a 16 percent share in high concentration photovoltaic (HCPV) module manufacturer Semprius, for an undisclosed amount. The move will help Semprius scale up its activities to production levels by 2012.
Australia: details emerge of 150 MW PV plant
Its been announced today that Fotowatio Renewable Ventures (FRV), BP Solar and Pacific Hydro will develop the second utility scale solar plant, funded in part by the Australian Government.
US: New photovoltaic wafer facility receives $150 million loan guarantee
The development of a multicrystalline photovoltaic wafer manufacturing facility in Massachusetts will be supported by a Department of Energy loan guarantee. The manufacturing process is hoped to reduce the cost of wafer manufacture by approximately 50 percent.
South Africa: PV could be a "goldmine" if supported by government
A recent report believes South Africa could be the next photovoltaics superstar, if the government implements a strategy supporting the technology. However, there are a number of barriers hindering growth, particularly in the residential sector.
Report finds silicon market recovering on the back of solar demand
Solar grade polysilicon triples in demand and prices forecast to remain above $3,000 per ton.
