Global Solar Energy signs agreements with Italian roof specialists
Global Solar Energy has signed supply agreements with three Italian roof specialists. In the future, a significant part of the modules produced by the company’s Berlin-Adlershof site will be sold to the companys new contract partners in Italy.
Eurener sponsors the first solar race in South America
Eurener will be sponsoring the first solar race, which will cross the Atacama Chilean desert. The event known as the Atacama Solar Challenge will be held in Chile from September 30 to October 2.
Solyndra executives plead the Fifth Amendment
Bankrupt solar company Solyndra’s executives have refused to testify at a hearing of the House Energy and Commerce Commitee, despite being bombarded with questions from the commitee Republicans.
Oversupply maintained into next year
The latest Solarbuzz Quarterly report issued today states that continued solar module overproduction will lead to sustained price pressure across global photovoltaic markets already reeling from factory gate prices that are now down 33 percent year over year (Y/Y).
SEMI reports weak PV equipment demand
In another sign of trying times for photovoltaics, manufacturing industry association SEMI has reported that the book-to-bill ratio for equipment manufacturers has fallen below parity. This indicates that supply is exceeding demand.
Walmart goes solar in California
Major U.S. discount retailer Walmart has announced plans to expand the number of its stores featuring photovoltaic installations by 60. This means 75 percent of Walmart stores in California will have solar arrays.
10.8 MW plant activated in New Mexico
The third plant of a five-plant 53.5 megawatt (MW) project has been activated in the U.S. state of New Mexico. The plant is worth 10.8 MW.
40 percent efficiency goal of NASA-sponsored research
An American research team has received funding to fabricate and test photovoltaic cells with an efficiency of 40 percent or more.
Hanwha SolarOne secures loan for expansion
Chinese-based cell and module manufacturer Hanwha SolarOne has secured a USD$100 million loan from the Standard Chartered Bank and Korea Development Bank.
Isofoton receives financial boost for Ohio module manufacturing facility
Isofoton North America will build its first U.S. photovoltaic module manufacturing plant, having secured financial support worth USD$30.8 million.
