US: Thin film solar energy sells cheaper than coal fired
According to the terms of the proposed PPA for the 50 MW Macho Springs solar park in New Mexico, First Solar would be selling the energy generated by its thin film modules for a record low price for the technology.
Japan: Solar helps Panasonic trim costs
Electronics giant Panasonic has released its consolidated figures for the last three quarters of 2012, noting a fall in demand for photovoltaics and lithium-ion batteries in Europe.
Finland: Cencorp to open Finnish module production line
Finnish company Cencorp Corporation has bucked the global trend of PV manufacturers by announcing its intent to start a production line in Europe.
Geenex announces $500 million US PV investment
Geenex has said it intends to invest at least US$500 million in photovoltaic projects in the U.S. over the next five years. The first project is slated to be 50 MW in size.
LDK Solar receives CBD loan for polysilicon upgrade
The China Development Bank Corporation (CDB) has approved a RMB 440 million (around US$70.7 million; 52.2 million) loan, which will be used towards a technology upgrade at LDK Solars Mahong Polysilicon Plant.
3.5 MW PV project completed in Saudi Arabia
Phoenix Solar has completed the design and installation of a 3.5 MW photovoltaic park in Saudi Arabia. It is said to be the largest plant of its kind in the region.
Photon Energy unveils 127 MW PV pipeline
Photon Energy Investments N.V. has unveiled an almost 127 MWp pipeline, which it intends to roll out across five countries. The company hopes to raise 40 million in bonds to “kickstart” the projects.
Credit Suisse provides $40 million loan to Canadian Solar
Credit Suisse has said it will provide Canadian Solar Inc. with a US$40 million loan. The funds will be used to acquire photovoltaic projects in Canada.
1366 Technologies opens new wafer manufacturing facility in US
1366 Technologies has officially opened its new US$6 million 25 MW solar wafer manufacturing facility in Massachusetts. Up to 100 people are expected to be employed there.
Germany sets new PV installation record in 2012
Germanys Federal Network Agency has again at the last minute released the latest photovoltaic installation figures and feed-in tariff (FIT) reductions. While last December saw just 330 MW of new plants added, a new installation record was seen in 2012. Meanwhile, FITs will drop 2.2% over the next three months.
