Canadian Solar signs supply contract; gets involved in SolarLAB2
Canadian Solar has entered into a sales contract with S.A.G. Solarstrom AG. It has also supplied PV modules to SolarLAB2.
Trina raises production capacities
Following the announcement of a lucrative 2010, Trina Solar has said it will increase its annual in-house ingot and wafer production, and its PV cell and module production capacities to 1.2 gigawatts (GW) and 1.9 GW respectively.
Germany: Parabel to develop 90 MW PV park
Parabel AG is currently in the planning and approval phases for a 90 megawatt (MW) PV park, set to be built in Brandenburg, Germany. When completed, it is expected to be one of Europes largest.
GCL-Poly to more than double production capacity
GCL-Poly Energy Holdings is to invest approximately HK$17.7 billion (around USD$2.27 billion; 1.66 billion) in the expansion of its polysilicon and wafer production facilities in China.
Power-One opens North American inverter facility
Power-One, Inc. has opened its first North American inverter manufacturing facility in Phoenix, Arizona. Initial capacity will be one gigawatt (GW).
Suntech to supply solar systems for UN deployment
Under a new agreement, Suntech Power Holdings will supply around USD$80 million worth of solar power systems to Peak International Trade (Tianjin) Co., Ltd. The United Nations will then deploy them.
SunPower set to reach panel costs of $1.08 per watt
SunPower says it is on track to achieve its efficiency-adjusted panel cost goal of USD$1.08 per watt in the fourth quarter of this year. It has also raised its revenue and earnings guidance.
SoloPower receives DOE loan guarantee for thin film expansion
SoloPower has received a conditional commitment from the U.S. Department of Energy (DOE) Loan Programs Office for a USD$197 million loan guarantee.
Yingli raises PV module shipment target
Following the announcement of its 2010 financial results, which saw the company exceed many of its expectations, Yingli has said its PV module shipments should increase by between 60.1 percent and 64.8 percent this year.
Semilab acquires Tordivel Solar
Hungarian metrology company, Semilab, has taken over Tordivel Solar for an undisclosed amount of cash.
