Suncore Photovoltaics commenced production of its concentrated photovoltaic (CPV) modules in Chinas Huainan at the end of February. A spokesperson provides further details on capacity ramp ups and funding.
U.S.-based First Solar Inc. has been selected by NRG Energy Inc. to build the 26 megawatt (MW) Avra Valley solar plant, located near Tucson, Arizona. In other news, NextEra Energy Resources has acquired two projects from First Solar.
Using its proprietary Pluto technology, Suntech says it has achieved 20.3 percent efficiency on a photovoltaic cell. More advancements are expected in the next few months.
The U.S. state of California is well on the way to overachieving its 2020 aim to generate 33 percent of its electricity from renewables, in fact by almost double. Of this, photovoltaics accounts for nearly half. There are issues, however, such as interconnection and grid infrastructure, which still need to be ironed out.
According to a new study, many photovoltaic systems bigger than 10 kilowatts (kW) achieved grid parity with commercial retail electricity prices in 2011. This has resulted in a spike in projects and, thus, jobs. Both declining costs and the states favorable policies are said to be driving growth.
As some companies layoff staff in an attempt to contain costs, U.S. flexible CIGS manufacturer, Solopower is searching for staff for its Oregon fabs expansion.
Germanys parliament today held the first round of meetings aimed at amending the photovoltaic incentives under the countrys Renewable Energy Act (EEG). As expected, the opposition rejected the new proposals. The CDU and FDP also agreed to rethink fast tracking tariff cuts.
Photovoltaic module manufacturer, First Solar has caused a stir in the thin film industry, after its CFO stated that its warranty rates for hot climates were higher. While concerns have been raised, the company has played the issue down to pv magazine.
Spanish company Fotowatio Renewable Ventures (FRV) and private equity firm, Denham Capital, have formed a partnership under which they will invest US$190 million in solar projects across a number of different global regions.
Premier Power Renewable Energy and Chaori Solar USA have signed a US$27.6 million agreement, under which they plan to develop utility-scale power plants in the U.S.
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