As part of a $10 million investment in Ontario, Sungrow Canada Inc. has openend its North American headquarters in Vaughan. Fifty new jobs have reportedly been created.
Roth & Rau AG has suffered the first ever earnings loss in its 20-year history, despite increasing sales during the 2010 financial year by 44.2 percent. Looking ahead, the company predicts modest sales increases. Meanwhile, it believes the turnkey business is in decline.
Google has invested in a 18.65 megawatt photovoltaic power plant near Berlin, Germany.
The Silicon Valley Toxics Coalition (SVTC) has published its 2011 Solar Company Scorecard. SolarWorld has come out on top, with Trina Solar following close behind. A number of other leading companies, however, failed to participate.
PLG Power Limited has signed photovoltaic contracts worth 70 megawatts (MW) with the Gujarat Government in India. In total, it aims to install 200 MW by 2012.
In what has been a busy day for the company, GE has said it will build a new 400 megawatt thin film photovoltaic panel factory in the U.S. It has also achieved 12.8 percent efficiency on a full-size, thin film solar panel, and acquired PrimeStar Solar, Inc.
The European Commission has granted 3Sun Srl 49.06 million of regional investment aid. The funds will be used towards the establishment of a 240 megawatt, 358.68 million photovoltaic module production plant.
The U.S. Department of Energy (DOE) has said up to $112.5 million in funding will be made available to select projects across five years, to support the development of U.S. photovoltaic-related manufacturing processes.
Silfab Spa and Espe Srl have joined forces to establish a new company specializing in the development and installation of photovoltaic plants both in Italy and abroad.
Isofotón has increased its first quarter turnover by 74 percent year on year.
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