Yesterday, at Hannover Messe, Germany, Phono Solar and SYBAC solar signed a five-year purchase agreement for €300 million, which equates to an output of 500MW. Last month, Phono Solar, a monocrystalline and polycrystalline silicon solar modules manufacturer, passed TÜV Rheinland’s ammonia corrosion test.
The voluntary takeover offer for Sunways, submitted by LDK’s German subsidiary, has been accepted following the passing of the additional acceptance period on April 12.
Q-Cells has completed the construction of the largest European PV project, located in Brandenburg-Briest. The construction of the 91MW solar park took only eight weeks and the project on the former 200 hectares military base in the east of Germany is equipped with approximately 383,000 Q-Cells crystalline PV modules, with a total capacity of 91MWp.
Intel Vietnam has announced the opening of the biggest solar power plant in Vietnam to date, located at Saigon's High-Tech Park. Intel’s US$1.1 million project is equipped with 1,092 solar panels and 21 adapters. It has an output of 321,000kWh per year.
Following a continued downturn in operating results, Renewable Energy Corporation (REC) will close its 650MW multicrystalline wafer plant at Herøya, Norway by the second quarter of 2012. The closure of the Herøya plant, in the south of the country, will signal the end of all REC’s wafer operations in Norway after the closure of the Glomfjord monocrystalline plant on March 20, 2012.
Large-scale solar in India was given a showcase last week when Honourable Chief Minister of Gujarat, Narendra Modi, dedicated over 600MW of commissioned solar projects to the nation. The celebration of Indian solar innovation and ambition was delivered to over 10,000 people at the Charanka Solar Park – a 200MW facility in the North Western state of Gujarat, close to the Pakistan border.
Shanghai-based, solar PV module supplier Upsolar has announced an expansion to its technology division, to offer a suite of testing, auditing and consultation services to local organizations in an effort to strengthen technical support for emerging PV companies.
Scandinavian solar power company REC has sold a German ground mounted 6MW PV plant in Bitterfeld to two Chorus Group investors, including Chorus Cleantech. REC took over the project in 2011 from the plant’s former developer, Grüne Energien, and successfully developed, financed and constructed the project with project financing from the Deutsche Kreditbank (DKB). Construction was finished in December 2011 to ensure the project’s eligibility for the higher 2011 FiT.
Rainer Ott, sales director at DEGERenergie since early 2011, will take charge of the company’s global sales with immediate effect. Since joining DEGERenergie Ott has impressed as the business manager of the company’s US, Spanish and Greek subsidiaries. His new responsibilities will include the research of new markets for potential investment and developing the company’s international distribution network.
Energy Conversion Devices (ECD) has announced that the auction date for the sale of United Solar Ovonics (USO) will be put back to 10:00 a.m. (Eastern Time) on May 8, 2012. The auction was previously set for 10:00 a.m. (Eastern Time) on April 24, 2012 following the company’s entry into Chapter 11 proceedings in the Bankruptcy Court for the Eastern District of Michigan in February 2012.
