Thin film manufacturer First Solar has established an operating subsidiary in Cape Town, South Africa. The move follows a recent swathe of large utility-scale PV announcements in South Africa, as part of the country’s first round of renewable energy project bidding.
Advanced Energy Economy (AEE), a national organisation representing the advanced energy industry, welcomed Steve Chadima as its new senior vice president of communications and director of California Initiatives.
Thermal processing equipment specialist BTU International has selected Peter Tallian to serve in its newly minted chief operating officer position, effective immediately.
Chinese polysilicon manufacturer Daqo New Energy has reported 1,001MT of polysilicon shipments and 2.4MW of module shipments for its preliminary third quarter 2012 results.
Although shipments increased 5.8% in Q3 2012, compared with the previous quarter, China-based PV manufacturer, ReneSola had declining ASP’s that resulted in revenue down 6.4% q-on-q.
The European Investment Bank is to loan Enel Green Power €160 million (US$233 million) to help fund the company’s development programme in Italy through 2014.
Continued restructuring at Applied Materials as it struggles to resize its solar business has led to senior executives Mark Pinto and Tom Edman leaving the company as its EES and Display divisions are merged.
Solar material producer 3M’s tender offer to buy all issued and outstanding shares of ceramics firm Ceradyne common stock was completed on 27 November with a price of US$35 per share.
