As expected, the Italian cabinet signed off on a solar policy without a 8GW annual cap, but did institute a 1MW cap on farmland projects. Under the new policy, projects are required to be connected to the grid before May 31 to benefit from the current feed-in tarrifs. Any new FiT decision for projects beyond May would likely be made by April 30, according to published reports.
Global Solar Energy, a manufacturer of high-efficiency copper indium gallium diselenide (CIGS) solar material and an emerging leader in building integrated photovoltaics (BIPV), has announced Dr. Urs Schoop as the company’s new chief technology officer (CTO). As CTO, Dr. Schoop will leverage his extensive expertise in the research and development of CIGS solar cell production.
PVT Solar has officially changed its name to EchoFirst. EchoFirst, who created Echo, a new solar energy system that delivers twice the energy of a basic solar electric PV system sates the name change more accurately reflects the company's core business: the design, manufacture, marketing, distribution and deployment of its patented Echo solar system.
Thomas Koerner has joined Astronergy (Chint Solar) as general manager North America. Koerner will be responsible for all related business activities including sales and market strategy, and will support the company in worldwide product strategy and marketing.
Auctioneer and appraisal company CIACPCC has publicized the upcoming one-day equipment auction for the assets and equipment contained within Sixtron’s Dorval (Montreal), Quebec facility in Canada. Running in conjunction with Asset Reliance International and Upstream Value Group, the webcast equipment auction will feature more than US$1.5 million worth of original equipment for solar manufacturers.
Solyndra has recently closed on its new US$75 million in secured credit facility, which was underwritten by current investors. The company stated that the financing will go towards furthering its pursuit of cost reductions and implementing its channel expansion, segment sales and marketing stratagems.
Hailed as a decisive move in terms of the company’s plans for the region, Phoenix Solar has formed its North American executive leadership team, working from its headquarters at the Bishop Ranch office park in San Ramon, California. Stepping into the role of president and CEO is Paul J. Caudill, who brings over 30 years’ power generation and industry experience to the company.
Citing 2010 as being a transformational year for the company, Dr. Peng Fang, CEO of JA Solar, noted that annual revenues increased 211%, while PV shipments increased by 187%. Revenue for the year was US$1.78 billion, PV shipments reached 1.46GW.
Trina Solar squeezed a little more module shipments out of the factory gate in 2010 than previously guided. Shipments were approximately 351MW for the fourth quarter of 2010, compared to previous guidance of approximately 300MW, resulting in total 2010 module shipments reaching approximately 1.06GW in 2010.
Australia’s Capital Territory (ACT) feed-in tariff has been expanded to include medium to large-scale solar projects in order to cater for larger commercial and industrial farms as well as community groups. According to the Australian Solar Energy Society, the gross feed-in tariff, which pays a premium for all solar energy generated, is now available for solar panel installations 30kW to 200kW.
