The Bankruptcy Court overseeing Solyndra's insolvency has assigned Jones Lang LaSalle to undertake the sale of its manufacturing plant in Fremont, California. The 450,000-square-foot manufacturing facility was said to be designed to exceed California seismic standards and can be operating immediately following a seismic event, though not at the levels created by the current solar industry shakeout.
Exelon and First Solar have extended their deadline for initial funding of the DOE loan for the 230MW Antelope Valley Solar Ranch One (AVSR) project, in northern Los Angeles County, California. A revised construction permit has been approved but the delay could have meant First Solar repurchase the project from customer, Exelon today, February 24, 2012 as federal loan and loan guarantee would not be released in time of contract clauses kicking-in.
Updated: Due to an aggressive FiT cut of between 20% for residential and 30% for large-scale PV installations, the German government will introduce the FiT cuts from March 9, 2012 to eliminate a rush of installations to beat the tariff change. However, this would first need to be ratified in the cabinet and parliament, which could be sanctioned next week.
Arise has finished its restructuring process and is in the midst of completing projects and courting new clients. The company plans to provide a complete system integration service for its customers. Arise noted that it has severed its German cell manufacturing facility and the silicon R&D segments. Additionally, the company added a new finacing component to its systems division to help clients complete a lease option.
Ceres Technologies advised that it had bought technology and product assets from the CIGS system business that was operated by Veeco Instruments. The CIGS product line is expected to add to Ceres’ products and services for the renewable energy sector with production-ready CIGS deposition tool sets, including machines for Molybdenum back contact, CIGS absorber layer and transparent conductive oxide (TCO) layers.
The Coalition for Affordable Solar Energy (CASE) announced GT Advanced Technologies and REC Silicon have been welcomed into the fold. The US-based companies will be joining the cause against the Coalition for American Solar Manufacturers (CASM) who claims Chinese manufacturers are trading unfairly.
Better than expected market demand, across multiple regions in the fourth quarter of 2011 has led to Canadian Solar to significantly increase its module shipment guidance ahead of releasing Q4 and full-year results on March 7th. Previously, the company guided fourth quarter shipments to be in the range of 340MW - 360MW, inline with third quarter shipment levels and in contrast to many of its tier 1 rivals. However, the company expects shipments to be in the range of 430MW - 440 MW.
The last 12 months for Suntech have been quite successful, even amid the chaos surrounding Suntech’s response to accusations by US companies of impeding US growth. Technology Review’s annual list comprises 50 of the world’s most innovative companies and Suntech has been nominated in the energy and materials category. Editors look for companies that have demonstrated original, valuable technology to market and significantly influencing their competitors.
Apple has announced in its Facilities Report it is to construct the largest end user owned, onsite solar array in the US. The rumours surrounding the technology company’s renewable energy goals have been put to bed. The 20MW facility, in Maiden, North Carolina, will be installed on 100 acres of land, supplying 42 million kWh of renewable energy annually. Apple will also be building a fuel cell installation, powered by 100% biogas to provide more than 40 million kWh of baseload renewable energy annually.
Bio-based PV module backsheet developer, BioSolar claims that a customer is preparing a batch of solar panels with its ‘BioBacksheet’ material for full panel recertification by Underwriter's Laboratories (UL). In March, 2011 the company announced it was supplying sample material for PV module manufacturers based in Asia for evaluation.
