S.A.G. Solarstrom AG has connected its 48 megawatt peak (MWp) North Italian photovoltaic project to the grid yesterday, thus meeting Italys August 31 feed-in tariff (FIT) deadline.
Although the photovoltaic module market has suffered setbacks this year, Asian manufacturers are keeping the competition on its toes. According to new research, the top three suppliers in the second quarter of the year (Q2) are Chinese.
Centrotec Sustainable AGs Dutch subsidiary, Ubbink B.V. has opened a photovoltaic module manufacturing factory in Nairobi, Kenya. It is said to be the first such facility in East Africa.
Work on a ten megawatt (MW) photovoltaic project in Western Australia is underway. When complete, it is set to be the first utility-scale project of its kind in the country.
Another casualty of the weak market conditions seen in the first half of the year, Germany-based Colexon has announced it will “hone” its business model. Specifically, it will “considerably” downsize its operations and make “large-scale” workforce reductions.
Germany-based Payom Solar AG has completed its acquisition of U.S. Amsolar Corporation, thus marking its entry into the North American market.
MS Solar Solutions Corp. (MSSS) and Main Street Power Company Inc. today launched the Solar for All residential photovoltaic program, which will provide systems for low-income householders in California.
The International Energy Agency (IEA) has been reported by Bloomberg as saying that the majority of the worlds power will be produced by solar by 2060. Whats more, photovoltaic and solar-thermal plants may meet half of all energy needs by this date.
The International Herald Tribune (IHT) in Greece has reported that a “mammoth” 10 gigawatt (GW) solar plant is being planned for Greece. The project would be driven by investment from Germany.
Vertically integrated photovoltaic manufacturer LDK Solar has announced its second quarter (Q2) financial results that included a USD $47.9 million operating loss, representing -9.6 percent operating margin. However, with recently improving order patterns and stabilizing prices the company expects a resumption of growth in the second half of 2011.
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