Markets & Finance

February 17, 2011
The 9REN Group recently closed on a funding lease from UniCredit Leasing that will go towards the financing of the Pacione 1 PV power plant. The Italian PV plant, located in the Taranto province, is complete and holds a 6.5MW capacity. Grid connection is expected to occur in the next few weeks.
February 17, 2011
With significant ingot and wafer capacity expansions, notably underway in Asia, the demand for slurry recycling is working in tandem. With a claimed 40% market share, SiC Processing is raising €100 million via a bond issue to further expand operations in Asia and other regions.
February 16, 2011
CPV cell developer Cyrium Technologies has opened its new office in Hong Kong, China and appointed Nelson Fan as its general manager for Asian operations. Fan holds eighteen years of experience in the semiconductor industry, having most recently worked with Traxon Technologies as its research and development director. In his new position with Cyrium Technologies, Fan will be charged with concentrating on the company’s supply chain while detecting technology options and supporting their Chinese and other Asian customers.
February 14, 2011
Enphase Energy has welcomed Dennis Hollenbeck as its new vice president of engineering; a role that will allow him to combine his 25 years of high-volume, low-cost system design and ASIC development experience and executive management skills.
February 11, 2011
Solar development and EPC company Premier Power has promoted from within made two changes to its executive team, naming company cofounder Miguel de Anquin to president and Stephen Clevett to COO, the position formerly held by de Anquin.
February 11, 2011
With the acquisition of Solarfun and its recent name change to Hanwha SolarOne, the PV manufacturer is to change its NASDAQ ticker symbol to ‘HSOL.’ This will take effect when the market opens on February 15, 2011.
February 11, 2011
The backlash to the U.K. Government’s decision to launch a comprehensive review of its feed-in tariff on Monday has begun. Dissenting voices are becoming increasingly audible, with ministers publically bemoaning the coalition’s decision and airing fears about its long-term impact on the solar industry.
February 10, 2011
Integrated U.K. PV firm Sundog Energy has hired Bill Roberts as its new managing director and reshuffled the rest of its management team. Roberts will take over the managing director role from Sundog’s founder Martin Cotterell, who has moved into the role of chairman and technical director.
February 10, 2011
Mark Roe, formerly of Apple, has joined SolarCity as its new vice president of operations. During his time at Apple Roe was senior director of worldwide service; a position which saw him manage global service operations for new product introduction, technical training, field support and feedback, service engineering and Apple Retail service among other functions.
February 8, 2011
John McLane has accepted the president position with GCube Insurance Services, a worldwide insurance provider for the renewable energy arena. McLane was named one of the top five energy insurance brokers in the U.S. by Risk & Insurance Magazine in 2006 and will rely on his 30-year background in insurance and risk financing programs for utility scale renewable energy projects to guide him in his new position.

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