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Siemens acquires Israel’s Solel Solar Systems

Siemens has continued to expand its stake in the solar thermal sector with a $418 million agreement to buy Israel’s Solel Solar Systems, Ltd. This new deal with Solel comes just three months after Siemens announced its preliminary efforts to obtain 20 percent of Israel’s Arava Power Company.

Siemens Chief Executive, Peter Loescher, explained that with this new acquisition in the solar thermal sector the company is furthering its aim “to be the global market leader in the thermal sector.” Siemens is part of the Desertec Industrial Initiative, which has the potential to supply up to 15 percent of Europe’s energy needs by 2050.

The company expects the deal with Solel Solar to close by the end of 2009.

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Photovoltaics International 16th Edition

This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.
Photovoltaics International Lite, Volume 05 - 2011

This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.
Manufacturing The Solar Future: The 2012 Production Annual

Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Siemens acquires Israel’s Solel Solar Systems

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