JinkoSolar has restarted solar cell production at its plant in Haining, China, after receiving approval by the local Haining government and an appointed panel of experts that remediation work after a fluoride chemical leak satisfied environmental requirements. Clearance by the ‘Experts Committee’ was issued to JinkSolar on October 9, according to the company.
Global Solar Energy, a manufacturer of flexible CIGS thin-film solar panels, has received a TÜV certificate qualifying them for Italy’s Conto Energia IV FiT. In order to benefit, companies have to produce components that are of at least 60% European origin.
UK based Foresight Group has signed a joint venture agreement with Quercus Renewable Energy Fund, a division of the Luxembourg-based Quercus Asset Selection, for the expansion of its investments in the Italian solar PV market. Quercus bought a 50% stake in Foresight’s Luxembourg holding Foresight Lux Co 2, which controls 40% of ForVEI, a company that was established by investors with help from Foresight, who were looking to buy interests in Italian PV plants.
SunEdison and KGAL recently finalized an agreement that sees KGAL buying 33MW of solar PV systems from SunEdison, which are located in Italy and Spain. Financial and specific project details were not released, but the recent acquisition comes after KGAL completed a 20MW purchase from SunEdison in Q2 2011.
Array Technologies has shipped its first solar tracking system for the Sacramento Municipal Utility District’s (SMUD) 50MW PV installation in south Sacramento County, California. The utility-scale project is being developed by Recurrent Energy with Swinerton Renewable Energy acting as the EPC for the installation.
Yingli Green Energy has upgraded existing warranties for both its mono and multicrystalline products as well as introduced a linear-based extended warranty that guarantees power output for each year of a 25-year warranty period. In addition, its limited product warranty has been increased from 5 to 10-years for all of its PV module products and is now inline with the majority of mainstream module manufacturers. The new warranties are valid for PV modules shipped from its plants from October 1st, 2011.
Voltaix has formed a sales and customer support office in Shanghai, China. The company’s Asian business manager, Yun Liu, will be responsible for running the office and also implementing the regional sales and marketing strategy.
Three months ahead of schedule, Wacker Chemie has started ramping its new polysilicon plant in Nünchritz, Germany. The €900 million investment which includes debottlenecking strategies to boost output to 15,000MT per annum has created 500 new jobs at the plant. Full nominal capacity is expected to be operational in the second quarter of 2012.
Following the resignation of Greg Ye and Dafeng Shi from its board of directors, Daqo New Energy advised that it had selected Mingsong Liang and Shuming Zhao as the new independent directors for the company board. Liang is a co-managing partner of investment banking firm CLA Partners in China. He received his PhD degree in economics from the University of Michigan at Ann Arbor and a JD degree from New York University. Liang additionally serves on the audit committee for Daqo’s board.
Venture capital to the tune of US$350 million in 33 deals was handed out to solar-based firms in the third quarter of 2011, according to the latest roundup by Cleantech Group. Also of note was a reported US$812 million raised four China-based solar cell/module manufacturers via IPOs.
