China-based Long Energy has assumed PowerGuard Specialty Insurance Services’ PowerClip extended warranty protection for its solar panels. The PowerGuard service offers a 25-year, non-cancellable quality and performance guarantee solution that supports a manufacturer’s own warranty terms. The terms are not only non-cancellable, but they survive insolvency and bankruptcy with third-party rights to the policy available.
CVD Equipment advised that its new orders in 2011 totaled over US$36 million, 44% more than the US$25 million received in 2010. New orders in the CVD/FN division of production and research systems was approximately US$30.5 million, an increase, according to CVD, of 45% compared to 2010 order levels. CVD expects high demand to continue in 2012.
Skyline Solar, a manufacturer of solar CPV arrays for the commercial, industrial, government and utility markets, has won a US$1.85 million contract from the US Department of Defense (DoD) and has since broken ground on the construction of Skyline Solar X14 CPV power plants at two domestic military sites. Last summer, Skyline was awarded three new patents in relation to its CPV technology through the US Patent and Trademark Office’s Green Technology Pilot Program.
According to IMS Research, tier 2 PV module manufacturers in China have seen average utilization rates fall as low as 35% in the fourth quarter of 2011 as a result of overcapacity, high inventory levels and weaker than expected demand in 2012. The market research firm noted that many tier 2 suppliers have reduced production significantly or suspended production entirely, resulting in the lowest-ever recorded utilization rates so far reported.
Indian solar manufacturers have entered into talks with the Ministry of New and Renewable Energy (MNRE) over adjusting policy to help protect against foreign competition.
Taiwan-based crystalline solar cell producer, Neo Solar Power (NSP) has reported December, 2011 revenue of approximately US$21.94 million (NT $663 million), down significantly from the previous quarter and year-on-year. Total revenue for 2011 reached approximately US$600.2 million, down from US$634.4 million in 2010.
India’s Prime Minister has appointed Anil Kakodkar as the new head of his government’s solar programme. Kakodkar, who is also a member of the Atomic Energy Commission (AEC) and previously led India’s nuclear programme, was unveiled as chairman of the recently launched Solar Energy Corporation of India (SECI) during Prime Minister Manmohan Singh’s speech at the Indian Science Congress.
Inverter manufacturer Power-One has installed 25MW of solar inverters on 50 hectares of land, located in Gujarat, India and covered by more than 100,000 polycrystalline solar panels. 73 units of Aurora PVI-330.0-TL indoor inverters have been fitted along with medium voltage switch gears and transformers.
Sunvalley Solar has scored another commercial solar installation; this time with XL Biofuels in Thermal, California. Late last year, Sunvalley was awarded a US$2 million contract for a project in Long Beach, California, which was followed by two more project contracts for Southern California sites.
