Thin-film module manufacturer First Solar will sign an agreement with developers in Chile today, in which it will agree to provide modules and engineering and procurement services for future projects in the country.
Platina Partners LLP has secured 37 million in debt financing from the German Commerzbank for its Archangel photovoltaic park.
A 13-year conservation-monitoring project has been launched at the FinowTower photovoltaic power plant site. Still under construction the plant, in Brandenburg, Germany, will be worth 84.5 megawatts on completion.
In its latest analysis of the polysilicon, wafer, cell, module and inverter industries, IMS Research has found that photovoltaic profits are set to fall by 70 percent in the fourth quarter (Q4) 2011, in comparison to Q4 2010. This is despite predictions of a ten percent sequential profit increase.
In one of the largest non-recourse credit facilities issued for photovoltaic projects, Deutsche Bank and Rabobank will provide a USD300 million facility to SunEdison for projects in the U.S. and Canada.
Wacker Chemie AG has begun production at its new polysilicon production facilities in Nünchritz, Germany three months earlier than scheduled.
SunEdison has sold off 33 megawatts (MW) from its photovoltaic portfolio in Italy and Spain to KGAL GmbH & Co. The news follows KGALs earlier acquisition of 20 MW from SunEdison in the second quarter of 2011.
Mercom Capital Group provides an update on the Indian solar market, including the funding status of current photovoltaic projects, accumulated capacity, and the country’s proposed pipeline.
JinkoSolars Haining photovoltaic module manufacturing facility has resumed operations. The news follows yesterday’s announcement that it had completed phase one of environmental safety upgrade.
According to new data released, Chinas non-residential photovoltaic pipeline currently stands at 14 gigawatts (GW). It is expected that the market will exceed 1.6 GW this year.
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