Press Releases

First gigawatt of installed PV capacity and thousands of jobs created in the PV sector today in the Netherlands

In recent weeks SoLayTec has shipped a number of systems. These systems includes a repeat order for modules (approx. 60 MW) for an Asian customer who has been using an InPassion ALD (60 MW) since early this year.

At this week’s European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC 2014), nanoelectronics research center imec and RENA, a leading supplier for wet chemical production tools, present a novel isopropyl-alcohol (IPA)-free process for the texturing of Cz-Si wafers for high-efficiency silicon solar cell manufacturing at low cost (Hall 1, Booth C14).

Munich/Germany, Stockholm/Sweden, September 22, 2014 – Scandinavian-German PV module maker Innotech Solar (ITS) has today announced the successful conclusion of two key transactions, one an acquisition and one an investment which will further strengthen ITS´s balance sheet and enable further expansion. In addition the company has announced three new board members.

The acquisition was of the successful PV project development and investment company Tripod Energy AB based in Stockholm, Sweden and includes liquid assets as well as two 1 MW operating PV plants located in Italy. Through the acquisition ITS will strengthen its cash position as well as providing reliable operating revenues from the two PV plants. Tripod Energy was acquired from its management and its main investor, Sustainable Technologies Fund.

The company is also pleased to announce that the successful Norwegian serial entrepreneur Mr. Geir Førre has increased his investment in Innotech Solar through his Firda Investments company and has accepted to join the ITS Board of Directors.

Also joining the Board of Directors are Mr. Klas Gustafsson, a Partner at Sustainable Technologies Fund, and Ms. Tove Langlet a highly experienced and accomplished Swedish business expert and Board Member of several Nordic companies.

Commenting on the acquisition, investment and new board members Jerry Stokes, CEO of Innotech Solar, said “During a challenging time for the PV industry we are especially pleased to have been able to make the acquisition of Tripod, bring in new investment and further strengthen our Board of Directors. This is a clear demonstration that Innotech Solar has been able to establish a strong and scalable business which with the benefit of the investment and strengthened balance sheet will enable us to significantly grow our business.”

About Innotech Solar

The Scandinavian-German company manufactures solar modules in Europe and delivers them worldwide. Innotech Solar specializes in the production of particularly environmentally friendly modules using 100 percent renewable energy. The company optimizes solar cells at its purpose built factory in Halle an der Saale, Germany, and assembles them into modules at its fully automated factory in Glava, Sweden which is one of Europe’s most modern manufacturing plants. Innotech Solar supplies a broad range of PV modules for grid-connected, off-grid and stand-alone applications ranging from 5 Wp to 270 Wp.

Contact

Vera Neuhäuser
Mob: +49 178 – 53 68 425
neuhaeuser@sunbeam-communications.com
www.innotechsolar.com/

Prothea, an advisory firm specialized in renewable energy, announced today the successful transaction of a 3.2 MWp solar photovoltaic plant operating in Lazio near the municipality of Aprilia, previously owned by the group Eurowood S.p.A.. The deal is worth approximately €12 million.

Prothea, an advisory firm specialized in renewable energy, announced today the successful transaction of a 3,2 MWp solar photovoltaic plant operating in Lazio near the municipality of Aprilia, previously owned by the group Eurowood S.p.A..

Alpha participated in the Expo Solar Exhibition and Conference in Korea held last week from September 17 – 19 at the KINTEX in Seoul.

HatiCon Solar introduces their new UL 467 listed HatiBond splice technology. Speed and ease of solar PV installations are drastically improved with the use of this splice.

InnoLas Solutions has developed an automated laser machine with an integrated soft wafer breaking process to produce half or quarter cells for later module assembly.

The Netherlands’ minister for economic affairs will open the 29th EU PVSEC on Monday. The Amsterdam conference will run from Monday to Friday and feature 1,500 contributions from 71 countries.