Acta has signed a preliminary contract with SPF Energy (SPF) for the installation of large-scale photovoltaic parks in Italy during 2010. The installations will be completed through a joint venture partnership with Fedi Impianti (Fedi Impianti), one of Italy's largest PV installation companies.
SolarBridge Technologies has been awarded US$1.5 million from the State of Texas through the Texas Emerging Technology Fund (TETF) for the development of its module-integrated microinverter and management system. SolarBridge will use these funds to accelerate product development as the company prepares for the 2010 launch of its SolarBridge Microinverter.
Lower house politicians in the Czech Republic have now approved a law to cut the incentives for solar energy production in a bid to control the expected rise in solar installations. The Czech Republic's Prime Minister, Jan Fischer, first called for the cuts earlier this month.
Inergia and 9REN have signed contracts for the turnkey construction of two ground-based photovoltaic systems in Puglia, Italy. One of the systems will be a fixed structure, while the other will be mobile.
Filmetrics has opened two film thickness measurement application labs in Tainan, Taiwan and Munich, Germany. Each lab is tied into the Filmetrics support network, which provides immediate internet and voice response to Filmetrics customers.
Evergreen Solar's 5MW power plant in Apulia, Italy is now online. The project, which was designed and installed by project developer Greenvision, is the largest installation of Evergreen Solar panels to date.
AES has closed its equity sale with a wholly owned investment subsidiary of the China Investment Corporation (CIC). The deal raises US$1.58 billion in new capital for the company. CIC acquired 125.5 million shares of AES stock for US$12.60/share in exchange for an approximate 15% stake in the company.
ECM, the custom developer and manufacturer of electrically conductive interconnect adhesives and gridinks, has appointed Mark Francis as it global business manager for the solar industry.
Solar Millennium CEO, Utz Claassen, has unexpectedly resigned after serving in the position for only three months. The company faced a management shake-up and tumbling shares this morning as the news reached concerned investors. Before exiting the company, Claassen referred to his contractual right to quit his office within a certain period. "The resignation came unexpectedly," said Helmut Pflaumer, chairman of the supervisory board.
China Sunergy has signed an agreement to acquire 100% of the shares of two related module manufacturers, CEEG (Shanghai) Solar Science & Technology and CEEG (Nan Jing) New Energy.
