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.
EVSI and Horizon Energy announce 35 MW solar forest project
Envision Solar International, Inc. (EVSI), Horizon Energy Group and an unnamed property owner have signed a memorandum of understanding to design and install a 35 MW solar forest in North Carolina.
First Solar acquires 50 MW PV project from Element Power
First Solar Inc. has acquired Element Powers 50 MW Macho Springs Solar project in New Mexico, the U.S. No financial details were disclosed.
Etrion plans 8.8 MW PV park in Chile
Etrion has announced the details of its first proposed Chilean photovoltaic park. The company has entered into a letter of intent (LOI) with Atacama Minerals Chile S.C.M. to install the 8.8 MW project in the north of Chile.
PV projects totaling over 120 MW planned for Chile
Chile-based Pacific Solar Inc., established in 2011 by Nexer Renovables, is planning to construct two photovoltaic plants in Chile worth 123.5 MW. Operations are expected to commence between 2014 and 2015.
Asola Solarpower applies for self-administration insolvency
Asola Solarpower GmbH has submitted an application to the local court in Erfurt, Germany to open insolvency proceedings under self-administration. A part of its restructuring plan is to find interested investors.
