Canadian Solar breaks ground on 60 MW cell fab in China
The Chinese manufacturer started work on a new solar cell factory in Jiangsu Province, China, on Saturday. The project is an 80-20 joint venture with wafer maker GCL-Poly as a minority partner.
CSUN, Zep Solar sign licensing deal
The move is expected to facilitate sales of CSUN PV panels in the United States in view of the widespread use of Zep Solar mounting technology in the country.
Utilities invest in robotic tracker systems
E.ON and Iberdrola joined a $12 million funding round for Californian tracker company QBotix this week. The German multinational revealed it has invested after testing out the robotic trackers for ‘over a year.’
GCL-Poly takes control of circuit board maker
Monday’s online news concerned GCL-Poly’s controlling stake in Same Time Holdings. The move was cleared by the Hong Kong Stock Exchange and saw the resulting company rebranded.
'Quiet' times for Singulus
Solar production line equipment maker Singulus has reported an $8 million fall in sales compared to the same, first-quarter, period of last year. The German manufacturer says a first order from China offers reasons to be cheerful.
Deadline passes for anti dumping responses
There was no comment from India’s Ministry of Commerce today as a reported deadline for responses to its anti dumping finding passed. The Ministry has until Thursday to decide whether to call for anti dumping subsidies.
Aleo solar's sale is complete
The former Bosch subsidiary says 180 jobs have been saved and more may follow from its Prenzlau operation. Aleo has handed over the first $9.6 million of a $13.7 million sweetener to new owners SCP Solar.
Canadian Solar stockpiles cash and inventory
CEO Shawn Qu says the company has hoarded cash and inventory during a seasonally slow period to reap the benefits when demand rises again. The high-profile CEO will continue to focus on downstream projects.
Recurrent Energy to develop 150 MW Texan project
The project will be the largest single-site solar project in Texas, says Recurrent. Utility Austin Energy said solar is now cost effective across 85% of the state’s electricity supply.
China targets 70 GW of solar by 2017
The country has announced plans to triple solar capacity within three years. Renewables ambitions also include a 150 GW target for wind power by 2017.
