Joining the likes of JA Solar, on its quest to improve solar cell efficiency, Yingli Green has signed a technology, research and production collaboration agreement with Innovalight - the privately-held firm selling a platform of silicon ink-based high efficiency solar cell materials and technology.
Thin-film solar panel manufacturer, Stion, who recently announced a US$70 million Series D financing round and has begun expanding its San Jose, CA, manufacturing facility to 100MW, has appointed Duston Williams as audit committee chair on its board of directors.
S.A.G. Solarstrom is to construct a 48MWp ground-mounted photovoltaic power plant in region of Veneto, in the municipality of Canaro, northern Italy. This is the largest project to be planned by S.A.G Solarstrom to date.
Camstar Systems’ employees will soon be seeing new faces at their Silicon Valley headquarters with the company’s new purchase of SigmaQuest. Camstar has bought the new company in its entirety, with all SigmaQuest employees to become Camstar staff members. SigmaQuest is a provider of software as a service supply (SaaS) chain intelligence solution.
Effective July 23, 2010, Akeena Solar will carry out its operations under the name Westinghouse Solar and change its ticker symbol to WEST. Additionally announced was the company’s second quarter revenue earnings for the period that ended on June 30, 2010. Total revenue for the quarter came in at US$9.9 million, the highest level of revenue in six quarters.
IMS Research has reported that from Q4'10, module shipments are due to take a downturn, declining by almost 10% quarter-on-quarter in Q1'11. This contradicts the shipment increases which have been apparent for six consecutive quarters since Q1'09.
Perhaps it should come as no surprise that struggling CIGS thin-film start-up, DayStar Technologies has said that a lease for premises it uses in Newark, California has been terminated. The company is now pursuing opportunities to manufacture CIGS modules offshore. It noted that since May 2010, raising funds to continue operations has proved difficult, and that it could, in the ‘very near term,’ file for bankruptcy.
SunPower and Solar Ventures have signed a contract to design and build three solar power plants in the Piedmont region of Italy, totalling 11.1MW over 30 hectares. Construction of the plants will begin in late July, with the aim of completing the project by the end of the year.
Solarbuzz's latest report, "United States PV Market 2010," reveals that the U.S. solar market grew 36% in 2009. These results rank the country's solar photovoltaic market third largest in the world, behind Germany and Italy.
This past May, Pacific Blue Energy announced its 20MW Sunshine Solar Farm with Siliken Renewable Energy on 154.3 acres in Flagstaff, Arizona. Following in its own footsteps, Pacific Blue is in the processing of completing is acquisition of 100 acres of land in Gila Bend, Arizona for the construction of a new 150MW solar farm. In addition, the company is negotiating another 707 acres that is adjacent to the 100 acre parcel. Currently the acquisition agreement is subject to closing conditions.
