IPC awarded USD$2.5 million for solar inverter development
Ideal Power Converters (IPC) has been awarded USD$2.5 million by the U.S. Department of Energy (DOE), Advanced Research Projects Agency Energy (ARPA-E) to develop lighter and cheaper solar inverters.
TSMC Solar progresses 300 MW CIGS fab
Taiwanese photovoltaic manufacturer, TSMC, announced today that it has completed the “equipment move in” stage at its CIGS fab in Taichung, Taiwan.
Two US PV landfill projects announced
PVNavigator, LLC is set to install a 3.1 megawatt (MW) photovoltaic system at a landfill in New Jersey. In related news, Tioga Energy and Chevron Energy Solutions have said they will build a 1.15 MW system atop a capped Californian landfill.
Phoenix Solar halves revenue and earnings outlook
In what may be a sign of things to come, photovoltaic system integrator Phoenix Solar has dramatically revised down its revenue and earnings outlook for 2011.
First Solar forms partnership in Chile
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 refinances 9.5 MW Italian PV park for 37 million
Platina Partners LLP has secured 37 million in debt financing from the German Commerzbank for its Archangel photovoltaic park.
Conservation project launched at Europes biggest PV plant
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.
IMS Research: PV component profits set to fall
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.
SunEdison secures USD300 million for North American funding
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.
Production begins at Wackers new polysilicon facilities
Wacker Chemie AG has begun production at its new polysilicon production facilities in Nünchritz, Germany three months earlier than scheduled.
