Following its win at the 2011 Solar Decathlon event, the University of Maryland has found a buyer for its winning entry, WaterShed. Pepco, the electric service provider, has purchased the solar-powered house and will transport the building to one of its facilities in Montgomery County, Maryland where it will act as a ‘living classroom’ to illustrate the clean energy possibilities.
The US Department of Commerce has agreed to postpone the date for its preliminary decision on the CASM-led US versus China trade dispute to March 2, 2012. The original date of February 13 was deemed to soon by SolarWorld, the leader of the CASM movement, and the 18-day extension will delay the decision by the Department of Commerce.
Spain has made the controversial decision to cease renewables subsidies for new solar, wind, co-generation and waste incineration plants in the face of an ever-growing government budget deficit of €24 billion. The power-system borrowings have been backed by the state but it appears that revenue generated by state-controlled energy prices has not been covering the high costs associated with delivering power, including the payment of renewables subsidies that have been put in place.
Hyderabad, India-based Surana Ventures has completed construction of its 5MW solar module manufacturing facility in the Fab City, approximately 40km from Hyderabad. The company has also announced that it is seeking the necessary permission to commission a second 5MW module manufacturing plant in Gujarat.
Eastman Chemical has completed its bid for the acquisition of performance materials and specialty chemicals company Solutia for an approximate total of US$4.7 billion – including debt – in order to fuel its expansion into the specialty chemicals and plastics sector. Solutia’s shares are said to have fallen by 25% in 2011, although the company was active in its acquisitions process, having finalized the takeover of Southwall Technologies late last year.
The University of Cyprus campus has been host to a meeting of minds to discuss the feasibility of installing a 10MW PV plant on the grounds of the university. The university’s Rector Konstantinos Christofides initiated the move, which has led to the establishment of a special committee that will be assisted in its task by institutions including the Cyprus Electricity Authority and Cyprus Energy Regulatory Authority.
Canadian Solar has entered into a deal with Al Fahad Group, an Abu-Dhabi-based diversified conglomerate, to provide 1.5MW of its CS5A-M PV modules for one of the city’s largest PV plants. The government-funded project was finalized at the recent World Future Energy Summit (WFES) in Abu Dhabi.
Investment companies are continuing to investigate opportunities in emerging markets, one of which is Ghana, which is being studied by a Korean company with a view to investing in the company’s solar market. The Ghana Energy Commission and Halla Energy and Environment, a Kyonggi-do, South Korea-based EPC company, have been in discussions to establish a framework under which the latter could invest in the development of 300MW of solar energy in the country.
Industrial wastewater treatment (IWT) system manufacturer Saita srl has successfully installed an IWT for an unnamed Belgian solar cell manufacturer. This installation, which claims to recycle 97% of the wastewater used in the multicrystalline cell manufacturing process, marks the second such system installed by Saita, and the Italian company has set its sights on expanding the uptake of such systems across the PV manufacturing industry.
Solar distributor Donauer Solartechnik is, like several others in the industry, aiming to capitalize on emerging markets by opening a branch in Muscat, Oman. This branch will be the first step in the establishment of a sales and service network and will be directed by investor Saleh Ahmed Al Badi, chairman and president at NAS Oman international LLC, with whom Donauer has a joint-venture agreement.
