Henning Schorisch demonstrated cautious optimism with regard to the future of the insolvent photovoltaic manufacturer. Thus no layoffs of the 1,300 employees are pending in the near future and the company has again ramped up production.
While criticism is often aimed at renewables for playing a major role in increasing consumers electricity bills, new data from Australia predicts that only three percent of forecast price rises in the country will be due to support for renewables. The newly-formed Renewable Energy Certificates (REC) Agents Association released the figures.
SunPower Corp. has sold its 25 megawatt McHenry Solar Project, located in Northern Stanislaus County, California, to K Road Power Holdings, LLC for an undisclosed amount.
CEOs from the international photovoltaics community have today announced the establishment of a Global Solar Council. The goal is to sustainably and cost-competitively expand the worldwide deployment of solar energy, by emphasizing the importance of “supportive” policies and trade environments.
3M has started up what it says is the world’s largest aperture solar parabolic trough, in partnership with Gossamer Space Frames, as an addition to the 400-acre Sunray Energy facility in Daggett, California, formerly known as the SEGs I and II plants.
Canadian Solar Inc. and the Bank of China, New York Branch have signed a construction financing agreement worth CAD$120 million for the establishment of solar power plants in Ontario, Canada. In related news, Sanmina-SCI will manufacture Satcons inverters in Ottawa.
Mahindra Solar One Private Limited is planning to install 50 megawatts (MW) worth of photovoltaics in Rajasthan, India. In related news, a rooftop solar project is being launched in Gujarat.
Spain-based ESA Renewables has executed a letter of intent (LOI) to work on a 24 megawatt solar park in Jamaica.
Haste makes waste unless, of course, it makes your company among the first to be audited and certified as a preferred vendor under the domestic content provision of the Ontario Power Authoritys updated Feed-in tariff (FIT.2) program.
The U.S. Department of Labor has said the manufacturing employees laid off by SolarWorld Industries America Inc., following the shutdown of its Camarillo photovoltaic module production plant in California, are entitled to federal trade-adjustment assistance.
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