5N Plus, a producer of high-purity metals, compounds and wafers for electronic applications, has converted its US$3 million debenture with Sylarus Technologies into a 66.67% majority interest. 5N has also agreed to provide additional funding of US$766,000 in the form of secured debt, to enable the repayment of short-term debt contracted by Sylarus.
The Finnish cleantech company, Beneq, has newly received a combined €9 million investment from Finnish Industry Investment, Via Venture Partners and other private investors. Beneq is known as a supplier of production and research equipment for nano-scale thin-film coatings and developed the nAERO aerosol-assisted process. nAero is a deposition method that allows for production of low-haze and high-haze transparent conductive oxide (TCO) coatings for in-line and off-line coated products. The company is presently shifting from its piloting to industrial production phase.
In the fast-track to become integrated PV manufacturer’s, major U.S.-based firms such as First Solar, Sunpower, and SunEdison are rapidly closing on major PV project developers from Germany, according to a recent survey from market research firm IMS Research.
SunPower has signed a power purchase agreement with Southern California Edison (SCE) to build and operate three plants with a total capacity of 711MW in California. The 325MW and 276MW facilities in Rosamond and 110MW Los Banos plant will all use SunPower’s 425-watt panels, T0 Tracker and Oasis power block.
CNPV marked the end of 2010 by unveiling its largest Chinese project to date. The 7MW plant in Dongying, Shandong Province, which cost an estimated US$25 million, was officially opened on December 29, 2010 at a ceremony attended by dignitaries including Dongying’s mayor, Li Jinkun.
IBC Solar has sold its 11.2MW facility in Manzano, Italy to Allianz Specialised Investments. With 47,000 polycrystalline and 3,600 thin-film hybrid modules, the Udine-based park is one of IBC’s largest developments and was connected to the grid on December 7, 2010.
Flexible silicon thin-film firm Xunlight has received IEC 61646 and 61730 certification, conducted by TÜV InterCert Group. The certification enables the U.S.-based manufacturer to market its products in Europe, competing against the likes of Uni-Solar products.
First Solar has acquired Idealab operating company RayTracker, a photovoltaic panel tracking technology and balance-of-systems firm based in Pasadena, CA. RayTracker's team will join First Solar's engineering, procurement, and construction (EPC) group, and the acquired company’s customers will be transitioned to its new parent.
PV julist and juwi have finished work on a 7.4MW rooftop installation at Goodyear Dunlop’s logistics centre in Philippsburg, Germany. The system is the world’s third-largest roof array and has the capacity to generate 7.3 million kWh of electricity every year.
United Solar has installed 80kW of its Uni-Solarbrand modules on Royal Caribbean’s Allure of the Seas cruise ship, reports Design-Build Solar. The modules cover 2,000 m2 and will generate 111,108kWh of electricity annually for the ship’s shopping area.
