Alex Vanderpol has been appointed as Astronergy’s general counsel, a role in which he will oversee all the legal operations for the company. Vanderpol has practiced corporate and commercial law and worked for various organizations based in Asia including the Singapore and Shanghai branches of AMB AMRO Bank and Solarfun Power Holdings, Hanwha Solar One, in Shanghai.
Transphorm has completed the latest round of financing for the development of its Galiium Nitride GaN power conversion module. Quantum Strategic Partners, Kleiner Perkins Caufield and Byers, Google Ventures, Foundation Capital and Lux Capital were the investors behind the US$25 million Series D financing round, which takes the total capital raised to US$63 million.
Solar Media, the leading technical publisher for the PV industry and Solarzoom, the number one procurement and pricing portal for the PV industry, have entered a new phase in their partnership. Together they will re-launch the two-year-old Photovoltaics International Lite China quarterly magazine.
Solar Frontier is set to strengthen its presence within the growing Middle Eastern solar market by opening a new office in Al Khobar, Saudi Arabia. The office, which opens on July 1, will help Solar Frontier to liaise with its partners in the region and offer more hands-on support for its projects in Saudi Arabia.
SunSi Energies advised that it has continued moving forward with plans to raise capital in order to fund future company expansions and acquisitions. The past three months have seen the company gather around US$5 million through cash received from equity sales of US$635,000, common stock subscription commitments of US$1,750,000 and the conversion of US$2.7 million in redeemable stock to common equity by its 40% equity partner, Wendeng facility.
Stringer system specialists teamtechnik has expanded the global reach of its production base by forming two new subsidiaries in Asia. The subsidiaries, located in the Chinese cities of Suzhou and Jintan, enable the Freiberg-based firm to provide shorter delivery time, quicken service response and forge a closer relationship with its clients.
Cited as one of its largest single investments in manufacturing facilities in the long history of the company, Bosch is planning to invest over €520 million in a new fully-integrated solar module manufacturing plant in Batu Kawan, Penang, Malaysia. Construction is expected to start by the end of 2011 with production scheduled to have begun by the end of 2013. When fully ramped in 2014, capacity is expected to reach a combined 640MW. The company noted that it still expects sales to pass the €1 billion level this year.
Independent Energy Solutions (IES) has installed a 936kW solar carport at Marine Corps Base Camp Pendleton in southern California. The utility scale system, located at Pendleton's new Bachelor Enlisted Quarters, can generate around 1.3 million kWh of electricity annually.
CleanPath has revealed that its plans to invest US$800 million towards the development of 1,000MW of large-scale solar PV projects in North America over the next five years. The company will manage two revolving facilities in its investment by targeting large-scale solar projects that range in size from 5MW to over 100MW.
M+W Group has established a new subsidiary in Dresden: M+W Integrated Solutions, which will cater to the high-tech service business in Europe. The new subsidiary will support its customers with services such as plant reconstruction and extension, installation, commissioning and service for high-tech equipment and certification and acceptance testing.
