Solar Trust of America and SolarHybrid form PV JV
The Solar Trust of America has entered the photovoltaics market, having formed a joint venture (JV) with SolarHybrid AG. The new company, SolarHybrid of America, LLC, will develop utility-scale solar projects in North America.
Italys fourth Conto Energia signed; strong growth predicted
Italys fourth Conto Energia has finally been signed into law. While this is good news, analysts believe the delay has been “extremely disruptive”. The 200 kilowatt ground-mounted market has also taken a blow. Nevertheless, 3.5 to four gigawatts (GW) of installed photovoltaics capacity is expected in the second half of 2011, with further growth predicted in 2012.
Germany: Röttgen aims to reform EEG
The German Federal Minister for the Environment aims to introduce an optional market bonus for renewable energies. Now he has submitted a corresponding benchmark paper that also contains sweeping changes for solar energy subsidies.
Algatec to manufacture PV modules in Ontario
Algatec Solar AGs Canadian subsidiary will establish a 50,000 square foot photovoltaic module manufacturing facility in Ontario.
Meyer Burger not looking to completely takeover Roth & Rau
According to news sources, Meyer Burger is not looking to completely take over Roth & Rau. CEO, Peter Pauli states that just 50 percent of its shares would be satisfactory.
MEMC YOY sales boosted by solar activities
MEMC Electronic Materials, Inc. has reported an impressive boost in its year-on-year sales, primarily due to its solar materials division and subsidiary, SunEdison. Its sequential results, however, did decrease, partly due to SunEdison.
Meyer Burger publishes Roth & Rau offer document following FFSA approval
Meyer Burger Technology Ltd has received approval from the German Federal Financial Supervisory Authority (FFSA) to publish the offer document regarding its voluntary public tender offer for all non-par-value bearer shares of Roth & Rau AG.
Q-Cells COO steps down
Gerhard Rauter has resigned from his position of chief operating officer and member of the executive board, effective immediately. No reason has been given for his sudden departure.
Conergy launches modules on Canadian market
Continuing on its globalization path, Conergy has announced it will this month be launching its solar modules in Canada after its Canadian subsidiary signed a two-year framework agreement.
US Bancorp offers fifth tax equity commitment to SunRun
SunRun and U.S. Bancorp have formed a partnership to purchase $200 million worth of solar residential systems in the U.S.
