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Plutonic expands into Ontario with 50 MW PV acquisition

Plutonic Power Corporation and GE unit GE Energy Financial Services have agreed to acquire a 50 megawatt (MW) AC portfolio of three photovoltaic (PV) facilities to be built in Ontario.

Solar companies must consider new factors for long-term growth

New research says 2011 will see solar companies “scrambling” to find the next big growth market following the scaling back of Germany’s FITs. To secure long-term progress, it believes new factors must be considered.

Stion to build thin film solar panel factory in Mississippi

Mississippi is to receive its first thin film solar panel factory. Stion says its new project will deliver over 1,000 jobs and USD$500 million of investment over the next six years.

New Californian Governor calls for FITs, while Hawaii shows little interest

Newly inaugurated Californian Governer Jerry Brown has called on the state to introduce renewable energy feed-in tariffs (FITs) to meet proposed distributed energy targets. Meanwhile, expected interest in Hawaii’s FIT program has not materialized.

REC signs NOK 1.1 billion wafer sales contract

REC has entered into a new three year multicrystalline wafer sales contract with an unnamed Asian cell producer.

Italy: TerniEnergia installs 77.2 MWp in 2010

TerniEnergia has exceeded its 2010 business plan, having installed 76 large photovoltaics (PV) plants in Italy with a total power of 77.2 megawatts peak (MWp).

Italian PV installations to double

Photovoltaic (PV) installations are predicted to double this year, after the market hit overdrive in the fourth quarter, and global investment strengthens. But, trouble may lie ahead.

New Turkish FITs disappointing

Turkey has announced its new feed-in tariffs (FITs). However, despite beliefs the country is set to become one of the next big photovoltaics (PV) markets, pv magazine has been told the tariffs are not high enough to attract investment.

Chaori Solar unveils new expansion plans

Shanghai Chaori Solar Energy Science & Technology Co., Ltd has announced a number of new expansions, including the introduction of two new production lines and the development of an R&D center.

SunPower finalizes sale of 13 MW Italian plant

SunPower Corp. has completed the sale of its 13 megawatt (MW) Italian Solare Roma solar power plant, for an undisclosed amount, to Allianz Renewable Energy Partners IV Ltd.

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