Platina Partners has finalized its acquisition of 10MW of solar PV projects from the Degennaro Group. The 10 solar PV plants are located in the Puglia region of Italy, are each 1MW and mark the first operational plants in Italy for Platina. Their portfolio now includes 162MW of renewable energy projects in operation, 31MW of those being operational solar PV projects.
The second stage of a 44MW solar power plant in Thailand is to receive 9.43MW of solar panels and technical support from Suntech Power. Upon completion, the project, which is owned by Bangchak Petroleum Public and integrated by Solartron Public, is expected to be one of the largest in Thailand and Southeast Asia. The contract comes after Suntech was chosen to provide 34.5MW of solar panels and technical support for the project's first phase back in August 2010.
Critical information and insight source, IHS, has signed a definitive agreement to acquire iSuppli. The transaction, which is subject to closing conditions contained in the agreement document, is expected to be completed by November 15.
Suntech and Infigen Energy have filed documents outlining the companies' intention to construct four solar energy farms in New South Wales, Australia. If provided with Government permission, the project is expected to cost AUD$780 million (US$792 million).
Solon has inaugurated its first ground-mounted solar power plants in France, located in Ferrassières near Avignon, in the Rhône-Alpes region. Solon Investments planned and constructed the two turnkey plants, with a combined nominal output of 3MWp, on the former site of two launch pads for intercontinental nuclear ballistic missiles.
Ameresco was chosen by the Department of Veterans Affairs to build a renewable energy project at the Veterans Administration Medical Center (VAMC) in Salt Lake City, Utah. Ameresco will design and build the solar PV system, which holds a valued cost of over US$6.6 million. The design phase will start right away, with construction slated to begin early next year with completion anticipated within a 10-month time frame.
Solon has inaugurated its first ground-mounted solar power plants in France, located in Ferrassières near Avignon, in the Rhône-Alpes region. Solon Investments planned and constructed the two turnkey plants, with a combined nominal output of 3MWp, on the former site of two launch pads for intercontinental nuclear ballistic missiles.
A significant increase in sales and bookings has forced GT Solar to raise its revenue guidance after reporting on its second fiscal quarter sales of US$229.3 million. This represented nearly a 70% growth over reported sales of US$135.2 million in the first quarter of fiscal 2011 and approximately 120% growth over the second quarter of last fiscal year when sales were reported at US$104.2 million. GT Solar reported an order backlog of US$1.16 billion, with US$544.6 million in its polysilicon segment and US$601.1 million in its PV segment.
Steven Brewer, a 20 year veteran of the large-scale utility industry, has been named Solar Trust of America’s executive vice president and chief commercial officer. Additionally, Brewer will serve as CEO for Solar Trust’s wholly owned engineering, procurement and construction subsidiary, Solar Trust of America , and be a member of the management board for the company.
Pfeiffer Vacuum Technology has revealed its intention to acquire Alcatel-Lucent's Adixen vacuum technology unit, headquartered in Annecy, France. Negotiations on the purchase of the companies, patents and licenses belonging to this unit have been largely finalized with Pfeiffer Vacuum's supervisory board consenting to the acquisition on November 3.
