3W Power Holdings, the holding company of AEG Power Solutions (AEG PS), has reported its financial results for the third quarter ended September 30, 2010. While Q3'10 is typically a weak quarter cyclically for AEG PS, due to traditionally slower trading in Europe in August, the solar segment still came out on top.
Just over a year ago, the Western Massachusetts Electric Company (WMECo) got approval from the Department of Public Utilities to build 6MW of solar facilities in the New England region over the next two years and the first of its projects has come to a successful completion at the William Stanley Business Park in Pittsfield. The 1.8MW solar installation is the first in the 6MW solar program and is situated on eight acres of land owned by WMECo and the Pittsfield Economic Development using around 6,500 solar panels.
The Chet Holifield Federal Building in Laguna Niguel, California is currently undergoing a 914kW solar PV installation due to a contract between Independent Energy Solutions and the U.S. General Services Administration (GSA). This is the first utility-scale PV project for GSA and once completed, should be the second largest PV installation in Orange County.
Concentrator photovoltaics developer SolFocus will partner with Vision Electro Mechanical to build the first commercial CPV power plant in Saudi Arabia. The initial project will be the initial project in a series of Saudi solar power stations planned by Vision (a subsidiary of Construction Projects Holding Co. [CPC]).
Good Energies and NIBC Infrastructure Partners have signed an agreement with Q-Cells SE for the acquisition of Finsterwalde II and Finsterwalde III, the solar photovoltaics plants located in Brandenburg, Germany. Together with Q-Cells' Finsterwalde I, which stands adjacent, the three Finsterwalde projects have a capacity of 81MWp, forming the largest operational solar PV plant in the world.
Aleo solar is to increase the combined annual production capacity of its three factories from 250MW to 390MW by the end of 2011. Around €20 million is being invested in the expansion, which will create a total of 100 new jobs.
Wagner & Co has teamed up with UK photovoltaic equipment supplier AC Solartechnic to form the joint venture Wagner Solar UK. The new company will start business in November 2010, working from AC Solartechnic's current site located in West Sussex, UK, reports Solar Power Portal.
Meyer Burger Technology has signed a purchase agreement where 3S Industries USA will take over certain assets and all employees of SGS Slicing Solutions as well as SGS Machine Tool.
Just over a year ago, the Western Massachusetts Electric Company (WMECo) got approval from the Department of Public Utilities to build 6MW of solar facilities in the New England region over the next two years and the first of its projects has come to a successful completion at the William Stanley Business Park in Pittsfield. The 1.8MW solar installation is the first in the 6MW solar program and is situated on eight acres of land owned by WMECo and the Pittsfield Economic Development using around 6,500 solar panels.
