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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.

HyperSolar aims to reduce solar panel cell numbers by 75 percent?

HyperSolar, Inc. has completed a prototype design of its thin solar concentrator. The company’s aim is to reduce the number of solar cells in a panel by 75 percent.

Enel and Marcegaglia inaugurate PV system in Taranto

Enel Green Power and the Marcegaglia group have inaugurated an over three megawatt (MW) rooftop PV system in Taranto, Italy.

Renewable training academy opens in the UK

Sharp Solar has opened a renewable energy academy in Wrexham, the UK. Having integrated training with its production facilities, the company says it will train between 25 to 50 people a month, including electricians and roofers.

9REN closes financing on 6 MW Italian PV project

9REN Group has closed the financing on a 6.5 megawatt (MW) Italian PV project.

PV cell production to keep moving to Asia

Eighty five percent of PV cells will be produced in Asia by the end of the year, according to IMS Research. Last year, it estimates that nearly 80 percent of PV modules were produced there.

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