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ReneSola, a China-based specialist in the manufacture of solar wafers and modules, has signed a solar products insurance agreement with PowerGuard Specialty Insurance Services, a specialist in insurance and risk management solutions for solar and other alternative energy companies.
Energy minister of Punjab, India, Bikram Singh Majithia announced new financial incentives to be incorporated into a revised renewable energy policy for 2012. The government will provide a 50% exemption on electricity duty on power used during the construction period by the investors alongside, a 100% tax exemption to the project developer and VAT exemption on equipment used.
Heraeus has joined the SolarWorld mêlée offering words of wisdom to its peers. The Hanau, Germany-based precious metals and technology group, believes the European Union should reject the recently-filed complaint by SolarWorld that seeks the introduction of import duties on solar modules manufactured in China.
GCL-Poly Energy Holdings, a supplier of polysilicon, has signed a cooperative letter of intent with China Merchants New Energy to join forces to invest, develop and construct 973MW PV solar projects in China. Furthermore, GCL-Poly has also agreed to jointly develop new PV projects overseas.
Ascent Solar Technologies, a developer of flexible thin-film PV modules, has signed an agreement to supply BIPV thin-film laminates to Foxconn. The laminates will be used as part of a pilot installation at Foxconn’s new plant in Zhenzhou City, Henan Province, China. Foxconn is a specialist in the manufacture of electronic devices and produces products such as the iPad and iPhone.
Dow Chemical Company’s plans for expansion, announced last year, have come to fruition with the production of its Enlight Polyolefin Encapsulant Films for use in PV solar panels in Thailand. Having commenced production in Ohio, US, in 2010, the company is also constructing a third manufacturing site for this film in Schkopau, Germany.
Taiwan-based thin film manufacturer, NexPower Technology, has had its 160W thin-film modules both UL and CEC registered. According to the company, its a-Si thin-film modules were used in its first project in Kansai, Japan, which has started construction.
LDK Solar, a vertically integrated manufacturer of PV products, has regretfully announced the passing of Professor Rongqiang Cui, the director of the company’s laboratory at Shanghai Jiatong University. Professor Cui died at the age of 71.
GT Advanced Technologies has hired Dan Squiller as president of PV and worldwide operations in a newly created role based out of the company’s headquarters in Hong Kong. Squiller will oversee the company’s DSS and HiCz PV businesses in addition to its worldwide manufacturing and field service operations.
ReneSola, a Chinese manufacturer of solar wafers and solar modules, has signed an agreement to sell 8MW of its high-performance monocrystalline solar modules to True Value Solar. The latter is an Australian solar specialist and, it claims, is one of the country’s leaders in solar PV installations.
