SolarBridge Technologies has revealed that its Pantheon microinverter has passed all necessary tests and has been granted the safety standard for PV inverters: UL 1741 certification by the Canadian Standards Association (CSA). The company claims that this is the first integrated microinverter that comes with a 25-year warranty to receive such certification.
DelSolar has released its approved audited 2010 financial results, showing considerable growth in its revenue from 2009. The company’s total revenue for 2010 was US$397 million, a 168.3% growth over 2009’s revenue. Also seeing an increase from 2009 figures was DelSolar’s net income, which was finalized at US$15 million.
The initial reports from a key number of PV manufacturers and suppliers highlighted that little damage to manufacturing operations occurred as a result of the massive earthquake last Friday. However, concern is now focused on the shortage of electricity that affects approximately 45 million people in Tokyo Electric Power Co (TEPCO) service area covering Tokyo, Tochigi, Gunma, Ibaraki, Chiba, Kanagawa, Saitama and Yamanashi prefectures.
Power-One has begun shipping central inverters from its Chinese manufacturing and design facility in Shenzhen. By the end of 2011, the site will have an annual manufacturing capacity of 1GW.
Last week, Linuo Power Group marked the opening of the first stage of its 700MW PV plant in Jinan, China with a stone-laying ceremony. The plant, located in the Shandong province, cost CNY2.5 billion and will help Linuo to achieve an annual production capacity of 1000MW.
Acciona Energy has promoted Daniel Foley to CEO of its Energy North America division. Foley will be charged with using his experience in power marketing and the energy industry to consolidate the company's market position in both wind and solar sectors.
Two of Japan’s leading solar companies are to donate ¥600 million to the relief fund for the Sendai earthquake. Mitsubishi Electric and Kyocera will give ¥500 million and ¥100 million respectively to help victims and the rebuilding process.
Production of polysilcon continues to expand as major suppliers attempt to keep pace with market demand. Wacker Chemie has updated plans to expand its polysilicon production that includes spending €130 million on debottlenecking measures to add 10,000MT more capacity. Wacker noted that it is essentially sold out under supply contracts through 2014.
Friday's 8.9-magnitude earthquake off the northeast coast of Japan was said by experts to be the largest to hit the country in over a century. A massive10-metre (33-foot) high tsunami battered coastal towns and cities across the northeast coast with Sendai, north of Tokyo affected the most by the disaster. As for the events' impact on the solar PV supply chain, initial reports indicate the effects have been minimal.
A group of 15 investors have launched a legal challenge to overturn Spain's decision to cut its feed-in tariff. The group, who are thought to have invested more than €4 billion in the Spanish PV industry and includes private equity and infrastructure funds such as Impax Asset Management and Hudson Clean Energy Partners, are appealing the decision under the international Energy Charter Treaty.
