The UK Government has announced plans to significantly reduce carbon emissions in the country by introducing renewable energy sources. A carbon emission target of 35% has been set for the year 2020 and at least 80% by 2050. These policies were outlined by Secretary of State of Energy and Climate Change, Ed Miliband in, "The UK Low Carbon Transition Plan, National strategy for climate and energy" White Paper.
An industry veteran with over 15 years of investor relations experience, Michael McCarthy has joined the Evergreen Solar team and will oversee the company’s investor relations concerns. The newly created post of director of investor relations will see McCarthy tap his experience in working with the capital markets and the investment community, while reporting to Michael El-Hillow, Chief Financial Officer.
The Portuguese company Martifer Solar and Spire Corporation, located in Bedford, Massachusetts, have announced their mutual satisfaction with the performance of the 50MW fully automated turnkey module manufacturing system developed for Martifer by Spire. The line uses robotic systems, subcontracted by KUKA Systems Germany, for material handling and processing.
Premier Power Renewable Energy, Inc., solar power systems manufacturer for the U.S. and Europe, and Umpqua Bank have entered into a credit and finance agreement. Premier Power is now able to borrow a $7 million line of credit for general working capital needs, which may increase to up to $12 million depending upon Premier Power’s acquisitions.
MAGE Solar and IdeemaSun energy, founding companies of SolidMarks, have announced a contract for a 2.7MW project in Northern Italy. The project will span over two locations - Bodino and Torino.
MAGE SOLAR, part of the globally operating MAGE GROUP, a company that specializes in the sale of high-grade photovoltaic installations, has appointed two new members to the Executive Board.
LDK Solar Co., Ltd., manufacturer of multi-crystalline solar wafers, has announced its acquisition of 70% of Italian system integrator, Solar Green Technology S.p.A.'s (SGT) shares.
Abengoa Solar has joined the list of founders for the Desertec Initiative, a project that includes among its members the Club of Rome, the Union of the Mediterranean, TREC, and other institutions. Industry founders also include the industrial conglomerate Siemens AG, power companies RWE and E.ON, re-insurer Munich Re AG, Deutsche Bank AG...
IMEC has announced new partnerships with solar cell material and equipment suppliers including MEMC Electronic Materials Inc., Leybold Optics Dresden GmbH, Roth & Rau AG, and Mallinckrodt Baker B.V.
In an attempt to attain the efficiencies of silicon solar cells coupled with the relative cheapness of thin-film manufacturing, XsunX has proposed a new TFPV technology that utilises the unused manufacturing capacity of the hard disk drive industry with the aim of mass production of cheap and efficient solar cells. While current manufacturing techniques use the near-20% efficiency CIGS-based thin films, XsunX points out that this technology does not take advantage of the benefits of working with stationary, small area production technologies that can result in higher efficiencies.
