Conergy
AG has announced its plans for an increase of approximately €450
million in the company’s equity base. The financing will be prepared by
Credit Suisse and Dresdner Kleinwort, with major investors expected to
contribute at least €125 million. The company will discuss the capital
increase with shareholders at its AGM in Hamburg on August 28th, 2008.

The capital increase will be used mainly to pay back bridge financing of €240 million, and also to finance planned instalments for the repayment of a syndicated loan. The remainder of the capital increase will be invested in the company’s restructuring and business growth.

Conergy has also released the news that it has confirmed that current interim CEO Dieter Ammer has been appointed CEO for the next two years, effective from August 1st, 2008. As a result, Mr. Ammer will step down from the Supervisory Board, and the company proposes that he be replaced by Mr. John Jetter, who has more than 30 years of industry and investment banking experience. Mr. Jetter is former CEO of JPMorgan AG.

By Síle Mc Mahon

LONGi’s Hi-MO N: N-type TopCon breakthroughs boost efficiency and energy yield for large scale PV

28 July 2021

LONGi has launched its Hi-MO N module, the company's first bifacial module with N-type TOPCon cells, designed to deliver ultra- high value and lower LCOE to utility-scale PV power plants. This PV TechTalk Product Series webinar will provide an overview of the module’s technology and how the introduction of n-type technologies will provide efficiency and performance gains for solar project developers.

PV module technology for UK solar farms

29 July 2021

This free webinar will explore the ongoing opportunities in the UK solar PV market, looking at global technology trends and how they apply to the UK. Join us for an overview of the project pipeline and forecast for deployment over the coming years. We'll be looking at the types of modules available and being used in the UK and presenting a case study on the deployment of bifacial modules in this market.

Shade modelling for utility-scale PV plants: Why it matters and what you should do about it

19 August 2021

The utility-scale PV market is poised for exponential growth and yet the industry still has many fundamental opportunities to improve on standards and best practice. Tracker shade loss has been one of those topics that deserve more attention, but has been typically handled by derate factors rather than trying to accurately forecast the loss over the life of the system. Join Nextracker’s subject matter experts, Aron Dobos and Neelesh Umachandran, and Rounak Kharait, director of solar energy assessments at DNV, for a webinar about why shade modeling matters and recommendations on what the solar industry should do about it.

Energy Next

25 August 2021

Energy Next is a new industry exhibition focusing on the latest renewable energy and energy efficiency technology, which will be held for the first time in 2021 in Sydney, Australia alongside the Clean Energy Council’s Australian Clean Energy Summit, the peak gathering of leaders driving Australia's energy transformation. Organised by the same people behind Australia’s largest clean energy event, All-Energy Australia, Energy Next will give visitors two days of access to key suppliers in the industry, free-to-attend professional development and industry workshops, and networking opportunities to better understand clean energy issues and solutions and learn about the latest developments in this transformational, dynamic sector.

Intersolar Summit Brasil Nordeste

25 August 2021

The Intersolar Summit Brasil Nordeste takes place in Fortaleza, Brazil. It addresses leading local and international experts on solar power and renewable energy in the region. The Summit’s mission is to provide in-depth education, enable high-quality networking opportunities, expand the use of PV technologies at regional and national level and strengthen the local PV industry. The Intersolar Summit Brasil Nordeste is organized by Intersolar South America - Latin America’s largest exhibition and conference for the solar industry: Solar Promotion International GmbH, Pforzheim, Freiburg Management and Marketing International GmbH (FMMI) and Aranda Eventos & Congressos Ltda, São Paulo as co-organizer.

PV CellTech

25 August 2021

Join us to hear directly from the CTOs and heads-of-research from the top-20 cell/wafer producers to the PV industry today. The event will focus on predicting the key metrics underpinning the next big shift to n-type with answers to the key questions: When will the transition to n-type happen? Which companies will be first to 10 GW capacity and production? Who will be the key equipment suppliers for the new production lines? Which n-type process flow/architecture will emerge as the front-runner? What will polysilicon purity and wafer thickness levels look like for optimized n-type manufacturing? What will the upstream poly/wafer supply-chain look like in 5 years from now?

Californian ratepayers could save US$120 billion by 2051 through growing DERs

July 26, 2021

Support for distributed energy resources (DERs) like rooftop solar, community solar and battery storage could save Californian ratepayers US$120 billion over the next 30 years, according to a new report

Eni acquires 1GW of Spanish solar from Azora

July 26, 2021

Oil and gas giant Eni has acquired 1.2GW of Spanish renewables from Madrid-based European private equity manager Azora.

PV Tech Premium

The impact of quality assurance measures in the early stage of a solar project

July 26, 2021

Boris Farnung and Keith Punzalan of VDE and David Moser of EURAC’s Institute for Renewable Energy take a look at the positive impact comprehensive quality assurance measures can have on the early stage of a project’s lifespan, exploring yield assessments, LCOE projections and the critical need for high quality components.

NextEra Energy adds 1.84GW to renewables, energy storage backlog as profit slides

July 26, 2021

US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021, but its Energy Resources division reported a fiscal loss of US$315 million.

Meyer Burger mulls legal action after Oxford PV ends heterojunction solar cell partnership

July 26, 2021

Meyer Burger is considering its legal options after long-time heterojunction tandem solar cell manufacturing partner Oxford PV ended its collaboration agreement unexpectedly.

Q&A: QEERI talks to PV Tech about desert soiling, abrasion and surprising temperature coefficient findings

July 23, 2021

As solar continues to proliferate and spread into new markets, the technology is finding itself operating in tougher climates than ever before. PV Tech talks to research institute QEERI to learn more about the heightened risk of soiling in the desert, the growing prominence of abrasion and some surprising results from temperature coefficient testing.

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LONGi’s Hi-MO N: N-type TopCon breakthroughs boost efficiency and energy yield for large scale PV

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PV module technology for UK solar farms

Solar Media Events, Upcoming Webinars

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Shade modelling for utility-scale PV plants: Why it matters and what you should do about it

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October 6, 2021

Conergy to increase capital with equity issue of approximately €450 million

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Californian ratepayers could save US$120 billion by 2051 through growing DERs

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