Innotech Solar (ITS) has now begun constructing its new solar cell production site located in the Eastern German city of Halle, laying the first foundation stone on October 27. The facility is expected to initially create 80 new jobs in the region, with plans to increase the number of employees as the site progresses. Innotech Solar was assisted in the investment process by Germany Trade & Invest and the Investment and Marketing Corporation (IMG) Saxony-Anhalt.
UPDATED: PV industry market leader First Solar reported third-quarter sales of US$797.9 million, a significant increase of second quarterly net sales of US$587.9 million, mainly due to the sale of the 60MW Sarnia Phase 2 utility project in Canada. The company noted that its CdTe thin-film module average selling prices (ASP) declined in the quarter, which impacted revenue figures.
SunPower and Iberdrola Renewables will be working together on the construction of a 30MW solar park in Colorado. Located on 216 acres of private land, which use to for agricultural purposes in Alamosa County, the San Luis Valley Solar Ranch will commence construction later this year with the plant expected to be in full operation by the end of 2011.
Dyesol has appointed Gavin Tulloch to its board of directors as director of technology. Tulloch, who was previously positioned as managing director for the global market, will assist the company as it prepares for full commercialization of its PV technology.
Nestled close to the Nevada border in Needles, California, NRG Energy was on hand with BrightSource Energy and California’s Governor Arnold Schwarzenegger to celebrate the groundbreaking of the Ivanpah Solar Electric Generating System facility in the Mojave Desert. NRG Solar had recently signed a letter of intent with BrightSource to construct, finance, own and operate the 392MW solar thermal project with a US$300 million investment over the next three years.
SMA Solar Technology has founded a new sales and service subsidiary in Mumbai, India which is aims to open by the end of this year. SMA is currently the only inverter manufacturer offering modern system technology for grid-tied solar power plants in India.
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.
Teamtechnik has inaugurated its new 1,500m2 production facility in Jintan, China. The new location is expected to increase the amount of local contacts for customers in China and to ensure short delivery times as well as efficient response from the service teams.
Ascent Solar has signed a memorandum of understanding (MOU) with 'The Energy and Resource Institute' (TERI), based in New Delhi, India. Under the terms of the agreement, TERI will perform testing and performance evaluation of Ascent's flexible thin-film CIGS modules as well as looking at the feasibility of including these modules for TERI's flagship program 'Lighting a Billion Lives' (LaBL).
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.
