MiaSole has received two Advanced Energy Manufacturing tax credits totaling US$101.8 million from the Obama Administration for the manufacture of low-cost thin-film cells and modules. A total of US$2.3 billion in tax credits is being allocated for investments in 183 manufacturing facilities for clean energy products across 43 American states.
Canadian Solar has announced a joint venture and an 18MW distribution deal with West Holding, Japan. The agreement specifies a transfer of 14% of the shares in Canadian Solar Japan to West Holding.
The supervisory board of centrotherm photovoltaics has appointed Dr. Dirk Stenkamp as chief operating officer. Stenkamp will join the four-man management team, taking responsiblity for the areas of engineering, materials management, production, quality management and service across the group.
Suntech has completed two BIPV solar systems on the China Pavilion and the Theme Pavilion of the 2010 Shanghai World Expo. These systems are also connected to the grid and have a combined power output of 3.12MW.
The German government met at the Environment Ministry in Berlin on January 13 to discuss cuts to the state-mandated solar incentives, including the feed-in tariff rate. These cuts have been anticipated for this year due to a steeper overall slide in costs. The FiT has been falling by about 8% per year before dropping 10% in 2010.
Winsol Energy Systems, based in Brindisi, Italy, has recently completed a 99kWp BIPV greenhouse. The roof-integrated system includes 450 Winsol monocrystalline silicon WXS220S modules of 220Wp connected to two Bonfiglioli RPS450-60 inverters of 60kW each.
Colexon Energy has secured a credit commitment of €21 million from the many banks it holds a relationship with. The credit facility, which has a running time of up to four years, will be utilized for working capital, financing project acquisitions and capital expenditure.
Borrego Solar Systems has announced a partnership with Reading Electric of Reading, PA to install more than 5MW of solar energy at 32 different local businesses across Southeastern Pennsylvania.
Starwood Energy Group Global announced on January 7 that its affiliate, Starwood SSM1 Canada, had finalized agreements to finance and construct a 20MW solar PV project in Ontario. Q-Cells has confirmed that it will deliver the two 10MW systems required for the project.
GCL-Poly Energy Holdings has entered into acquisition agreements with the indirect shareholders of Konca Solar Cell in which the company will indirectly acquire a controlling stake of 70.19% in Konca Solar at an aggregate consideration of RMB854.1 million (€86.1917 million).