PV inverter market grew 17.4 percent last year to USD$2.8 billion, says IMS Research; predictions are this will change however
Last year was a record year for the photovoltaics (PV) inverter market, with shipments of 8.3 gigawatts (GW) generating USD$2.8 billion, according to IMS Researchs latest report on the global solar inverter market. However, it says this is expected to change this year.
UK: Sharp announces expansion of its annual solar cell module production capacity to 500 MW
The Sharp Corporation has said it will double its annual production capacity for crystalline solar cell modules to 500 megawatts (MW) at its U.K. production base, the Sharp Manufacturing Company of U.K. (SUKM), this December.
UNSW Photovoltaic Centre of Excellence to close after losing government funding to car scheme
The University of New South Wales (UNSW) Photovoltaic Centre of Excellence is reportedly being forced to close its doors after Australias Labor government stopped its funding, as part of the partys proposed cuts to finance a “cash-for-clunkers” low-emissions car program, the Greens say.
Panasonic looks set to buy out Sanyo; deal not yet confirmed, however, pv magazine learns
The Sanyo Electric Company, a major player in the photovoltaics (PV) industry with its HIT (crystalline silicon) solar cell, has announced Japan-based Panasonics plans to buy the company out. A spokesperson has told pv magazine the deal has not yet been confirmed, however. Panasonic currently owns a 50.05 percent share in Sanyo.
Emergence of new PV products enables widespread use of solar power, says Frost & Sullivan
Propelled by aggressive research and development (R&D) activities, third generation photovoltaics (PVs) are poised to take a huge leap forward, says Frost & Sullivan in a new analysis. The exploratory mass production of dye-sensitized solar cells (DSSC)-powered consumer durables is likely to alter the future course of research in this segment, says the company.
Solarmer achieves 8.13 percent OPV efficiency
Solarmer Energy, Inc. has recently achieved a new world record of 8.13 percent for its organic photovoltaic (OPV) cell efficiency, which has been certified by the National Renewable Energy Laboratory (NREL).
India's first low iron glass gets underway to serve crystalline PV module market
Responding to demand created by Indias National Solar Mission, as well as growing demand in Europe and the U.S., Gujarat Borosil Ltd. (GBL) has started production on its low iron glass (textured), state of the art factory in Bharuch city, located in Gujarat state, western India, in order to provide glass for crystalline photovoltaics (PV) modules.
Updated: Chevron and City of Brea begin construction on 1.8 MW solar project
Chevron Energy Solutions, along with the city of Brea, has started construction on a 1.8 megawatt (MW) solar and energy efficiency project, in California, the U.S.
9REN completes 80 million funding for 5 Italian PV parks
European renewable energy company, 9REN Group has received 80 million in financing for 22 megawatts (MW) of photovoltaic (PV) projects in Italy with a syndicate of three banks.
PBEC begins permitting process for Arizona solar project; company on track to get first phase approved within months
Pacific Blue Energy Corp. (PBEC) has announced it is preparing to begin the permitting process for 100 acres in Gila Bend, Arizona, the U.S., the purchase of which should be completed in the near future. As a result of the town’s solar overlay policy and strong support from town officials and staff, the company says it is on track to have the first phase of its 150 megawatt (MW) solar farm approved in two to four months, as opposed to the typical time frame of two years.
