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Chile: 400 MW of project applications submitted

In an apparent confirmation of the results published by NPD Solarbuzz showing strong photovoltaic growth in Latin America, applications for environmental approval for projects in Chile continue to come in.

EDF Renewable Energy completes Catalina financing

Financing for the 143 MW Catalina photovoltaic power plant in, California’s Mojave Desert, has closed. EDF Renewable Energy has announced that a majority interest in the project has been acquired by a group of investors.

A look into SunPower’s US$2 billion payday

Yesterday’s announcement that the solar subsidiary of Warren Buffet’s MidAmerican Solar has agreed to purchase SunPower’s Antelope Valley Solar Projects (AVSP) for a sum between US$2 billion and US$2.5 billion has made headlines around the world. But what signal does it send both about the U.S. solar market and the way solar is seen as an asset? Solar industry analyst Goetz Fischbeck spoke with pv magazine about the implications.

China Sunergy opens factory in Istanbul

China Sunergy Co. (CSUN) has opened a solar facility in Istanbul, Turkey with Turkish partner Seul Energy Investment Corp. The first 150MW solar module line will begin production this month.

10 MW installation in Cyprus buffer zone

The University of Cyprus has secured United Nations (UN) permission to build a 10 MW PV park within the UN buffer zone.

Australia: 30 MW installation approved

A council in the south-eastern Australian state of Victoria has given the go ahead for a photovoltaic power plant near the town of Kerang. The local company ECO for LIFE will construct it.

MidAmerican acquires 579 MW Antelope Valley power plants

SunPower has announced a deal that will see it sell the co-located Antelope Valley Solar Projects (AVSP) to MidAmerican Renewables for an undisclosed amount. The AVSP will be worth some 579 MW when completed.

LDK Solar announces arbitration ruling

LDK Solar has to pay JYT Corporation of Beijing (JYT) RMB294 million (approx. US$47 million) plus additional RMB3.4 million (approx. US$550,000) to cover arbitral fees.

Yingli Green Energy brings solar power into Tibet

Yingli Green Energy has partnered with Longyuan (Tibet) New Energy Company Limited to supply 22,209 off-grid PV systems to families in Tibet.

The 2012 solar year in review and what lies ahead in 2013

During 2012, many PV manufacturers endured a long, uphill battle, staggering under steep price cuts, excess inventory, shrinking margins and political headwinds; and all the while, jostling for position with other technologies. However, those that have demonstrated the stamina to survive, and that can hold their ground in 2013, have a chance at remaining in top demand for years to come.

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