Spire Corporation has received a contract from Alpex Exports Pvt. Ltd for a 15MW semi-automated crystalline cell module manufacturing line, which will be the international trading company’s first solar energy facility.
In a follow-up to LDK Solar’s announcement of its intention to raise $300 million funding, the company has announced that it has closed an offering of $400 million of 4.75% convertible senior notes, due 2013. LDK will fine a shelf registration statement for resale of the notes and LDK ordinary shares, according to the company.
Market research firm Frost & Sullivan has given Suntech Power its Solar Energy Development Company of the Year award for 2008. Suntech was awarded for its R&D focus as well as its range of energy efficient solutions and products.
Ascent Solar has signed a cooperation agreement with Giscosa Sociedad Limitada of Spain, a rubber membrane manufacturer and distributor, for the development of building integrated photovoltaic (BIPV) roofing products for distribution in Europe.
ICP Solar Technologies, Inc. has appointed sales veteran Bill Kilduff as Eastern Regional Vice President of Sales. Mr. Kilduff brings over 25 years of sales, marketing and management experience to the role, and has a Bachelor’s degree from the University of Cincinnati.
Renewable Energy Corporation ASA has invested $40 million for a 20 percent shareholding in Mainstream Energy Corporation (MSE), a renewable energy company headquartered in San Luis Obispo, California.
Daniel Lui has been named as new CFO for JA Solar following the announcement of Herman Zhao’s retirement from the role. The replacement will come into effect on May 10th when Mr. Zhao steps down.
ARISE Technologies has set new ambitious plans to increase PV cell production. The company has announced an overall plan to reach 560MW production levels by the end of 2012, up from the previous target of 360MW - a 56 percent increase. The expected increase in silicon solar cell production is due to ARISETechnologies’ plan to expand its own polysilicon production at itspilot plant in Waterloo, Canada to 50 tons per annum in 2009 and 400tons per annum by 2010. The company also intends building a newhigh-volume plant with a capacity of 10,000 tons by 2011.
China Nuvo Solar Energy, with its collaboration partner, Pioneer Materials, Inc. (PMI) has said that the planned pilot line in Chengdu, China will be used for the development of higher efficiency stacked solar cells using copper indium gallium selenium (CIGS) thin-film materials.
Photovoltaic cell and module manufacturer Solsonica, based in Rieti, Italy has selected gas abatement technology from Edwards that will be used for abatement during silicon nitride (SiN) deposition in its polysilicon solar cell manufacturing operations. Solsonica has purchased two ‘ATLAS’ thermal conditioning systems (TCS) for its requirements.
