Cleantech finance company De Lage Landen has finalized an agreement that will see the company’s Clean Technology Group team up with Tioga Energy to provide long-term financing for an 856kW solar project in Honolulu, Hawaii. Built for Oceanic Time Warner at its Mililani Tech Park, the project is a combination rooftop and solar parking canopy and is said to be the largest of its kind in the state of Hawaii.
Trina Solar has posted results of its second-quarter performance, showing a healthy increase in both module shipments and year-on-year net revenue. Logging a gross profit of US$98.3 million for the quarter, which represents a decrease of 35.0% sequentially and 17.3% for the same period last year, the company cited policy changes in Italy and resulting high industry inventory as having had an effect on the company’s sales.
In a move that is sure to trigger interest across the solar industry, the Solar Trust of America has decided to change its plans for the first phase of its 1GW Blythe Solar Power Project. Switching from concentrated solar power (CSP) to photovoltaic technology for the first phase of the project (500MW), the company has cited improved PV market conditions for the decision.
LDK Solar has signed a 15MW multicrystalline module supply agreement with juwi Solar. The contract will see LDK deliver the modules to juwi between August and November 2011, to be used in one of juwi’s PV installations. juwi also has the option of requesting the delivery of a further 15MW of modules within this time period.
Sandvika, Norway-based REC ASA has published its second-quarter financials for 2011, which show revenues of NOK 3,391 million, down 17% on the previous quarter. Significant weakening of the solar market led to a slowdown in demand for the company’s products, while polysilicon production operations are also under pressure from Chinese competitors.
Convergence Energy’s 1MW solar farm in Delavan, Wisconsin is underway, and DEGERenergie has supplied 114 of its MLD tracking systems of the DEGERtraker 6000NT for the project. Fifteen of these systems have already been implemented at the Delavan location, with the remaining 99 planned for installation over the coming weeks.
PV mounting and systems company Unirac has joined forces with Kyocera Solar to establish a 1.16MW PV installation on the historic Masonic Lodge of New Jersey. The system was designed by NJ Solar Power, framed using Unirac's ISYS Ground Mount (IGM) mounting solution and kitted out with 5,656 of Kyocera’s KD205 modules.
Skyline Solar has announced the news that it has been awarded with three new patents in relation to its scalable CPV technology, two of which were awarded through the US Patent and Trademark Office’s (USPTO) Green Technology Pilot Program. The patents take the total number of CPV-related patents to seven for the company, and include 108 specific claims regarding BOS system and LCOE cost reduction innovations.
The Joint Forces for Solar initiative, organised by EuPD Research and Intersolar, saw its third US outing yesterday with the presentation of the “3rd US PV Briefing & Networking Forum.” As was the case with Intersolar Europe in Munich in early June, the forum drew large crowds of interested parties to the Innovation Exchange Area of the Moscone Center in San Francisco, where industry experts discussed the future of photovoltaics, with a special focus on California, and networking opportunities enabled discussions among the industry’s key stakeholders.
Solar inverter manufacturer KACO new energy has made inroads into the US market with the signing of a US manufacturing partnership with manufacturing solutions company Sanmina-SCI. The partnership will see Sanmina provide end-to-end manufacturing services for its blueplanet 02xi inverter series with the intention of reducing manufacturing costs and overall delivery times.