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.
Neoen awarded 58 MW of PV projects in Portuguese solar auction
Following Portugals recent solar auction, launched by the state at the beginning of the year, French renewable energy producer Neoen has been awarded 29 out of a total 52 projects.
SiC Processing: Capital injection for Asian expansion
Germany-based SiC Processing GmbH, a leading slurry recycler from wafer production, aims to expand in Asia. This will be financed through the proceeds of a 100 million corporate bond, issued today. R&D and capacity expansion are also on the cards.
Samsung and MEMC sign polysilicon JV
Samsung Fine Chemicals (SFC) and MEMC Electronic Materials, Inc. are to establish a polysilicon facility in Korea under a new joint venture (JV).
Solar Junction CPV cell hits 41.4 percent efficiency
Solar Junction has achieved 41.4 percent cell efficiency on a concentrated photovoltaic (CPV) multi-junction production cell. The results have been confirmed by the National Renewable Energy Laboratory (NREL).
SolarWorld focuses on foreign markets
According to SolarWorld head, Frank Asbeck, the German company intends to place a greater focus on foreign markets. He adds that it will continue to be able to compete with Asian PV companies.
High inventories expected as PV installation demand decreases
According to research, a decrease in demand for new PV installations in the first quarter of the year is expected to cause a “surge” in company inventories.
First Solar thin film plant expected to open ahead of schedule
First Solar has completed the roof of its new manufacturing plant in Frankfurt (Oder), Germany. Expected to be operational by June, the 173 million site will have a collective annual module capacity of over 238 megawatts (MW).
Solarwatt enters UK market
Germany-based Solarwatt has announced its entry into the UK. Seemingly undeterred by the countrys recent feed-in tariff fallout, the company believes the market is set to grow “enormously”.
