The final adaptation of Italy's deficit-reduction plan has imposed further reductions on renewable energy incentives. If confirmed, the new legislation could see incentives to renewable energy companies paid for by consumers on their electricity bills slashed by as much as 30%.
Having 8 facilities within the Tokyo Electric Power Company and Tohoku Electric Power Co service areas, Kyocera has increased the size of the rooftop solar power system at its Tanagura manufacturing plant in Fukushima Prefecture, to meet energy reduction targets of 15%, due to the power consumption regulations dictated after the Fukushima nuclear power disaster.
KLNE has increased its manufacturing capacity in China by opening a new facility and research and development centre in Changzhou. The 100-acre site was officially unveiled on June 29 at a ceremony attended by the company’s sales director, Wison Qi, and marketing director, Paul Nicholson, as well as dignitaries from the Changzhou local government and staff representing the Wujin Economic Development Zone.
In a move to bring better exposure to the company and its products in South Korea, Spire has selected South Korea-based JEIS Holdings to represent the company’s solar products and services in the country. “The Korean solar industry has been on the rise for many years,” said Roger Little, chairman and CEO of Spire. “Our Vice President of Business Development in Asia, Jae-Bok Young, has worked very hard to identify the company that best fits Spire’s needs in Korea and has successfully secured the representation of JEIS.”
Just over a year after Astronergy and Munich Re signed a contract to cover Astronergy’s crystalline-silicon PV modules, the two companies have revealed a new agreement that sees the reinsurer covering all crystalline-silicon PV modules sold by Astronergy as of January 1, 2011. The new contract additionally calls for Munich Re to back-up the performance warranties Astronergy issues against excessive power loss over the next 25 years.
Test and measurement company Atonometrics has completed the installation and qualification of a continuous solar simulator at Fraunhofer ISE. The system, located at Fraunhofer’s Freiburg, Germany facility, features an integrated I-V measurement system, which will be used for light soak tests on full-size PV modules.
A 2006 long-term wafer supply deal between Suntech and MEMC has been ‘mutually terminated' at a cost to Suntech of approximately US$212 million. Suntech said that the decision to cancel the wafer supply deal was due to ‘rapid changes in the market for silicon wafers.’ Suntech also announced that it was stopping investment in CSG Solar's research and development operations, which focused on crystalline silicon thin-film technology. MEMC remains a wafer supplier to Suntech under other supply agreements.
Australia’s Sunshine Coast Regional Council has granted planning permission to Energy Parks Australia (EPA) for its new solar plant in Valdora, Queensland. With a capacity of 10MW, the development dwarfs Australia’s current largest system – Liddell’s 3MW concentrating solar power (CSP) facility – and will cost AU$40 million (US$43 million) to build.
Just one small euro million below the half-billion euro mark was reported by Fronius for revenue in 2010. The Austrian inverter manufacturer grew sales by 52%, compared with the previous year. Although sales in the PV inverter segment were not given separately, 2010 was characterised as a record year for inverter sales by market research firms.
Building upon its success with its 20MW Starwood SSM1, completed in October 2010, and the 30MW Starwood SSM2, expected to be completed during 2011’s third quarter, Starwood Energy Group Global has finalized the financing for the final 10MW of its Starwood SSM3 solar project. The combined 60MW project in Sault Ste. Marie, Ontario is contracted under the Renewable Energy Standard Offer Program with its development overseen by the Ontario Power Authority. The project will be connected to the local PUC Distribution grid and is said to be the second largest solar project in North America.
