The Hamburg-based company will build the new plants on the Philippine island of Negros for San Carlos Solar Energy, Inc. (SaCaSol), a joint venture between European-based investment and advisory firm ThomasLloyd and Bronzeoak Philippines. The installations are scheduled for completion and grid connection in June 2015.
Hanwha SolarOne on Friday reported record third-quarter shipments and an increase in revenue despite lower overall prices. While the Shanghai-based PV manufacturer remained in the red, it nevertheless managed to cut its loss by 49% year on year.
Yingli Solar will provide 120 MW of solar panels for the 300 MW project in South West France. The plant will provide electricity at around $130 per megawatt hour — well below the $145 per MWh the U.K government will pay for electricity from the new Hinkley Point C nuclear plant in England.
Bluestar Elkem, a division of the state-owned China National Chemical Corporation, has made an offer to buy the Norwegian PV module manufacturer for $640 million in a move that could secure a European beachhead for a major Chinese player.
The Alpine country’s unusual solar PV remuneration system obliges households and other small power producers to trade energy on the market while allowing bigger investors piece of mind through the FIT scheme. The usual practice in Europe and elsewhere is the other way round.
Monday’s news that China’s Bluestar Elkem looks set to purchase Norway’s REC Solar ASA came as somewhat of a surprise to the PV industry, but the moves makes sense. Analysts say that it allows REC Solar ASA the capital to grow and the China National Chemical Corporation, through Bluestar, a chance to investigate PV.
PV manufacturing equipment, including PECVD, will be supplied to Mission Solar Energy. News was released shortly after a mixed trading update from Amtech.
Jaw-dropping figure, mentioned 24 hours before Intersolar India opened, divided opinion between those who see it as a pipe dream and Narendra Modi’s enthusiastic solar supporters.
Using a technique it has labeled ‘Snow Globe Coating,’ Germany’s Fraunhofer ISE is pursuing a titania rearside cell coating technology. Fraunhofer says it provides a reflective back coating to cells, boosting efficiency.
While rooftop solar is powering ahead, large-scale projects are at a standstill in Australia. Less than 200 MW of large-scale renewable projects were approved this year.
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