Wacker Chemie has signed a PPA with Fesil group for the acquisition of its silicon-metal production site based in Holla, Norway. The transaction will still require the approval of Wacker's supervisory board and Fesil's board of directors as well as clearance by the antitrust authorities.
eSolar and Babcock & Wilcox Power Generation Group (B&W PGG) have been selected by the U.S. Department of Energy (DOE) to receive up to US$10.8 million in funding for the design, construction and testing of a modular, baseload molten salt power plant using concentrated solar power (CSP).
Ian Jenks has been elected as the newest member to QuantaSol’s board of director’s where he will also serve as chairman. Jenks has over 20 years of experience in the technology industry for companies in the US and Europe.
Now that the end of the NextLight acquisition is drawing near, First Solar has turned its focus to the large-scale photovoltaic system solutions market with the formation of a utility systems business group. The company's chief financial officer of four years, Jens Meyerhoff, has been named president of the initiative. "With the pending completion of First Solar's acquisition of NextLight, this part of our global business represents the next leg of growth for our industry and First Solar," said Rob Gillette, First Solar CEO.
Sharp has signed an agreement with NED, the wholly owned independent power producer of Mitsubishi, based in the Kingdom of Thailand, to establish 73MW of thin-film solar power generation plants. The construction of the project, which is expected to be one of the largest in the world, will begin by the end of July for completion in 2011.
During Camstar Systems' "Summit on Solar Quality" held in Santa Clara, CA on June 30, industry thought leaders representing over thirty leading solar companies agreed that the industry must embrace the best known methods and technologies in order to advance product quality and accelerate grid parity.
BTU has recently received a $16 million order for solar cell processing equipment. BTU offers processing equipment for both silicon and thin-film PV applications. Recognition of this new revenue will be started in the fourth quarter of 2010 and continue through the first half of 2011.
One of the founders of thin-film PV manufacturer Solyndra has left the company to head a green energy storage company. Kelly Truman, the CIGS firm's former senior VP, will be the new president/CEO of Deeya Energy.
In an effort to prepare for volume manufacture, QuantaSol, the independent designer and manufacturer of strain-balanced quantum-well solar cells, has undergone significant restructuring.
In direct relation to an increase in demand for its metrology systems for PV applications, LayTec has expanded its distribution network with two new partners in Asia: DKSH Korea and MOS Technology.
