Moser Baer Photovoltaic (MBPV), a subsidiary of the optics and technology company Moser Baer India, has postponed its October plans to set up a manufacturing facility.
In a move that is set to boost the solar sector, China has launched an unexpected plan, named the "Golden Sun" project, to offer large subsidies to independent solar power projects from around the country.
Established solar company, XsunX, Inc., has announced a positive response to its cross-industry CIGS technology, from those who attended the Intersolar North America and Semicon West 2009. The company's breakthrough thin-film photovoltaic (TFPV) cross-industry technology, as detailed last week on PV-Tech, is still in development stage but may soon utilize the excess manufacturing capacity of the mature hard disc drive (HDD) industry to mass produce high efficiency, low cost solar cells.
Los Angeles, U.S. and the Jiangsu Province in China have signed a Memorandum of Understanding (MOU) on solar cooperation; this is the first MOU of its kind between the US and China.
General Plasma Inc., (GPI), innovation leader in vacuum thin film coating, has strengthened its presence in the United States by appointing Vacuum Solutions Group (VSG) as its Eastern United States sales and support representative.
Solar Millennium AG sold 25% stakes from the Andasol 1 and 2 solar plants to ACS/Cobra Group, a Spanish company with a history of buying from Solar Millennium. The sale of the stakes improves Solar Millennium AG’s liquidity situation even further and added an earnings effect of €12 million.
GCL-Poly Energy Holdings Ltd., a leading integrated renewable energy enterprise in the People's Republic of China (PRC), has announced the approved acquisition of 100% equity interest in Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. Upon completion of this contract, GCL-Poly looks set to become a global leader in the polysilicon manufacturing industry.
Australian company, Dyesol has commenced operations in its North American subsidiary, Dyesol Inc. The company moves into the US market under the guidance of chief executive officer Marc Thomas who has been appointed for several months.
Eneco Holding N.V. in the Netherlands has announced that it will take over the activities of Ecostream, the German solar company. Ecostream was previously part of the Econcern group, which became insolvent at the end of May.
Pending feasibility studies and approvals by various government authorities, ReneSola Ltd. has signed a letter of intent with the Yancheng city government, Jiangsu province, for the construction of a 500MW on-grid solar power plant. The company has also gained approval in a letter of intent with the Panzhihua east district government in Sichuan province for the development of a 5MW rooftop project, also subject to approval by authorities.
