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Sustainable Energy Technologies has partnered with Affiliated Distributors, which will distribute and market Sustainable Energy’s Paralex inverter throughout the North American market. Distributor technical and sales training and joint marketing efforts are anticipated to start this quarter.
GCL-Poly Energy Holdings and Bank of America Merrill Lynch have closed the initial transaction to fund 15 solar power systems that will be developed by GCL-Poly’s US subsidiary, GCL Solar Energy. The 15 solar sites will total 5MW of solar energy and serve the Palmdale School District in southern California.
Hydro One Networks, NEC and ON Semiconductor have joined Semiconductor Research Corporation’s (SRC) global Energy Research Initiative (ERI) joining established members such as Applied Materials, Bosch, First Solar and IBM. The now 10 member ERI will continue to focus on finding new materials, devices and methodologies for power control/management and energy collection, conversion and storage.
The CPV solar cell business segment of Emcore accounted for US$19.1 million or 51% of the company’s total revenue in its FY2012 first quarter, representing a decline of US$2 million from the prior quarter. However, Emcore reported a CPV cell order backlog of approximately US$51.7 million, an increase from US$43.5 million in the prior quarter. The order increase was due to the first order from its China-based JV CPV module operations, Suncore, which is starting assembly operations to meet a US$100 million project contract in the country.
Gehrlicher Solar has announced it has completed and commissioned its largest PV plant in Spain. Pereruela Solar Park is the second connected installation in the province of Zomara; the area now generates a total of 14MW. The company will then sell the plant to German investment company KGAL.
In the space of a fortnight, SunPower has launched a second lawsuit in a US federal court – this time against five former employees and SolarCity Corp, accusing them of corporate theft. All five employees moved to SolarCity at around the same time.
With only three out of 54 of Japan’s nuclear power stations still functioning following the Fukishima crisis, it is encouraging to know sales of solar cells rose by 30.7% last year. Government subsidies have helped sales to top 1,000MW for the first time.
Borrego Solar has again secured funding for US$47 million from US Bank and East West Bank for solar energy projects in California, US. The fund will be used to build 6MW of installations for three school districts and two plants in Massachusetts – the largest of which is expected to be 4.7MW. The company said these projects are expected to create 400 local jobs and generate enough electricity to power nearly 2,000 homes.
Researchers, universities and solar manufacturers from all over Europe, have teamed up alongside ENIAC Joint Undertaking to create a multinational/multidisciplinary program, “Energy for a Green Society” (ERG). This is a three-year project looking into topics from sustainable harvesting to smart distribution. These advances include pushing solar-cell efficiency towards 25% and reducing power conversion losses by 20%.
LDK Solar’s bid to acquire Sunways has passed approval by the German Federal Cartel Office and Federal Financial Supervisory Authority (BaFin). LDK Solar had previously supplied wafers to Sunways and later in 2010 had secured production for branded Sunways modules. LDK gains access to Sunways range of PV inverters as part of the takeover.
