Enfinity and Titan Energy have announced their plans to work in partnership to finance and construct 1GWp photovoltaic installations on 3000 acres of land in Andhra Pradesh, India, over the next five years. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) will distribute, in long lease, the 3000 acres in the villages of Thumalla, Dademavaripalli, Pulikuntapalli, Karimireddypalli and Lokogipalli and at the industrial park of Amadugur near Kadiri.
Sales in GT Solar’s second quarter FY2010 declined to US$104.2 million, compared to sales in the first quarter of US$140.2, highlighting the lumpiness in revenue generation of its furnace business as its order backlog stood at US$1.03 billion, down from US$1.115 billion in the previous quarter. New orders received in the quarter were US$20.1 million. De-booking was US$10.6million. Deferred revenue on equipment already shipped stood at US$472 million. Total new booking for the year stood at US$66.5 million.
Touted as the largest urban solar power plant in the U.S. a 10MW facility on the south-side of Chicago, the new plant will use Satcon’s 1MW Prism inverters. The site, owned and operated by Exelon Generation, was designed and is being constructed by SunPower Corp, using approximately 32,300 of its solar modules as well as SunPower’s trackers.
Continuing its trend for this year to expand its European administration, Suntech Power has added to its management board with the appointment of four new senior executives. David Hogg is head of Suntech Europe, Vedat Gurgeli is VP of Sales Europe, Frank Weber is Marketing Director of Europe and Carl von Braun is Director of Project Finance Europe.
Sunfilm released that it has completed the delivery of its thin-film tandem junction modules for the 700kWp Weinmann Aach rooftop installation in Dornstetten, Black Forest, Germany. This is said to be the largest roof installation of its kind in Germany and was contracted by Sunova AG. Sunfilm imparted their module Model Q, the smallest out of five available formats, for the project.
Energy Innovations announced that it has signed a contract to provide its Sunflower system for installation in Masdar City. The project, located near Abu Dhabi in the UAE, is touted to be the first carbon neutral, zero waste city powered entirely by renewable energy in the world. It is also the headquarters for the International Renewable Energy Agency (IRENA).
Following through with their strategic agreement to build utility-scale and commercial roof top solar projects, Suntech and Huadian New Energy (HNE) will be developing a 10MW solar power plant in Dongtai, Jiangsu Province, China. Suntech will supply around 37,000 of its solar panels while also handling the design and installation of the plant.
Acro Energy Technologies released that Steve Vella will be the company’s new director of business development. Vella will leave the post of COO to immediately start his new director position and focus his efforts, among others, on furthering the national expansion of Acro.
Cambrios Technologies has received a total investment in its Series D Financing round of $14.5 million. All of the company’s current institutional preferred shareholders participated in the financing round, which included names such as ARCH Venture Partners, Alloy Ventures and Oxford Bioscience Partners among others.
Despite many PV manufacturers holding back on further capacity expansions in the first-half of 2009, major producer, SolarWorld had retained its capacity investments, which were pegged to approximately 20% of sales throughout the year. However, due to increased sales, shipments have increased 22% in first nine months of 2009. This has sparked further capacity expansion plans at its facilities in the U.S. and South Korea.
