Dubai has started laying down a framework to integrate its solar power as the emirate launches a bid to boost its renewable energy capacity through rooftop solar power sources.
PV Evolution Labs (PVEL) and Also Energy have teamed up in order to bring PVEL customers the ability to access their systems’ testing data online. This will allow customers to track the performance and energy yield, as well as download historical data and generate performance plots, of their system in real time with AlsoEnergy’ s PowerTrack energy management software.
The Wacker Group released its Q3 2012 financial results, which saw the company’s polysilicon business take another hit. Overall, Wacker saw the third quarter generate an EBITA of €204.3 million, 36% less than Q3 2011 and 15% less than Q2 2012. Its polysilicon division posted sales of €269.1 million, down 29% from the same period last year. Wacker notes that its sale and earnings for its polysilicon unit dropped because of continued pressure on prices and high inventory levels in the solar industry.
Norway-based Renewable Energy Corporation ASA (REC) has revealed that its revenues from continuing operations for the third quarter of 2012 fell by 24% to NOK1.51 billion compared with the corresponding period one year earlier.
PV modules and wafers manufacturer ReneSola has announced the establishment of its Asia-Pacific, Middle East and Africa regional sales headquarters in Singapore.
The Development Bank of Southern Africa (DBSA) has approved loan facilities worth R9,668.50 billion (US$980 million) earmarked for 13 solar projects in South Africa. Combined, the projects have a total capacity of 762.6MW.
The sale of Oerlikon Group’s loss-making Oerlikon Solar to Tokyo Electron (TEL) has received regulatory approval from the Chinese Ministry of Commerce (MOFCOM).
SRU Solar and Berlin-based Parabel have jointly completed a 29MW solar farm between the cities of Eisleben Wimmelburg, bringing back to life a 100ha former metal works site.
DayStar Technologies and Ontario, Canada’s, Grasshopper Energy entered into an LOI agreement in which DayStar will buy Grasshopper Energy in, an expected, 30 days. The purchase will be a 100% equity transaction. Grasshopper Energy is known for its turnkey solutions and is said to have one of the largest presences in Ontario. The company has over 100 microFiT contracts awarded to date worth CAN$50 million and additional microFiT and FiT applications exceeding 3,500 projects, which make a potential pipeline worth over CAN$100 million.
