Despite strong 2010 growth, Phoenix Solar sees 2011 revenues stagnating
Phoenix Solar announces its most successful financial year to date, with revenues, EBIT and photovoltaic module sales all notably increasing. Despite this positive news, the German company doesnt expect to see growth in 2011.
Day4 Energy lays off 30 workers
Day4 Energy Inc. has made 30 of its employees redundant at its Burnaby pilot-production facility in British Columbia, Canada. The move will allow the company to restructure its operations in both Europe and Canada.
Japan: Yingli and YHS enter into PV agreement
Yingli Green Energy Holding Company Limited and Japan-based YHS Co., Ltd have entered into a photovoltaic module distribution contract and an exclusive agent agreement.
Silfab opens solar module manufacturing facility; receives loan approval?
Silfab Ontario has officially opened its new solar module manufacturing facility in Mississauga, Canada. During a ribbon cutting ceremony, it was announced that the company has received approval for a 2.2 million loan.
Swiss solar association demands more PV energy
Swissolar is demanding immediate removal of the ceiling on feed-in tariffs. It adds that subsidies should be designed based on the German model, in order to achieve a similarly dynamic market and to increase photovoltaic share to 20 percent by 2025.
Centrotec expanding into integrated PV roof market
Centrotec Sustainable AG subsidiary, the Ubbink Group, will obtain a number of assets from Systaic AG. Through the acquisition, Centrotec is looking to expand into the integrated photovoltaic and solar thermal energy roofs market.
Korea: Construction on 100 MW thin film plant underway
Construction on the Hyundai-Avancis 100 megawatt Korean thin film solar module plant has begun. Expected to be operational by 2012, KRW 220 billion (around US $200 million) has been invested in the project.
US: CPUC approves PG&Es 150 MW PPA
The California Public Utilities Commission (CPUC) has approved Pacific Gas & Electrics 20-year contract to purchase 150 megawatts (MW) of solar power from Sempra Generations Mesquite Solar 1 facility in Arizona, the U.S.
SDG&E signs 80 MWs worth of PPAs
San Diego Gas & Electric (SDG&E) has entered into two 25-year solar power purchase agreements for a total of 80 megawatts (MW). Under them, a total of 24 solar projects will be built.
Ontario: SPP and JCM sign 20 MW of solar projects
Solar Power Partners (SPP) and JCM Capital have signed an agreement with Solar Power Network (SPN) to provide full project financing for up to 20 megawatts (MW) of solar.
