SunPower to construct largest power plant in the U.S. for Florida Power & Light Company - 10 July 2008
Applied Materials gains first Italian ‘SunFab’ customer - 09 July 2008
Canadian Solar commits to five new contracts totalling 14.9MW - 07 July 2008
Applied Materials breaks ground at Singapore Operations Center - 08 July 2008
Thin-film start-up Sencera invests $36.8 million in 38MW plant - 08 July 2008
REC ASA enters several silane supply deals worth close to $1 billion - 18 July 2008
Analysts eye tighter subsidies in Spain for solar industry - 18 July 2008
Global market leader SMA Solar Technology AG accelerates time-to-market with Across - 18 July 2008
Solar gains in popularity - 18 July 2008
Solar panels to join backup power plant at West Side facility - 18 July 2008
Renewable
Energy Corporation ASA has invested $40 million for a 20 percent
shareholding in Mainstream Energy Corporation (MSE), a renewable energy
company headquartered in San Luis Obispo, California.
“Our investment in Mainstream Energy is both a reflection of the increasing importance of the US market and our ambition to take a more active role in building robust and scalable market channels as a basis for further growth,” says Erik Thorsen, President and CEO of Renewable Energy Corporation.
“The investment by the REC Group brings not only capital but also deep insight and experience in the entire PV value chain which we hope to leverage to provide additional value to our customers and manufacturing partners alike,” says Timothy Ball, Chairman of Mainstream Energy.
MSE will utilize the capital to accelerate its investments in companies, products and processes that reduce cost to increase solar energy acceptance in North America.
