Product manufacturer Isofoton has signed an agreement worth approximately US$100 million with the National Electricity Council of Ecuador, CONELEC, to construct a 50MW PV plant in the country.
Microinverter developer Enphase Energy has hired several new executives to support the company's global growth and focus on the design, manufacture and support of its products.
Power-One, an inverter manufacturer, and module manufacturer Phono Solar signed a strategic alliance to market and sell PV systems using their respective technologies.
German renewable energy specialist juwi has constructed its first project in Egypt — an off-grid hybrid system which consists of a 50kW PV system, four small wind turbines and a battery storage unit.
China's Yingli Green Energy has warned that it expects Q3 2012 gross margins to plummet on the back of inventory write downs, lower capacity utilisation and countervailing and anti-dumping duties impact.
US investment firm Blackstone has launched a solar programme which aims to improve the environmental performance across its portfolio of companies and real estate assets.
Research laboratory SLAC has been awarded over US$2.6 million from the US Department of Energy to undertake three research projects into cheaper materials and manufacturing techniques for solar panels.
Solar panel manufacturer Lightway Solar America and project developer and Premier Power Renewable Energy signed a 16.6MW supply agreement for solar projects that will be built in 2013.
