Power Plants

LDK Solar actually beat revenue guidance for the first quarter of 2013 but the struggling PV manufacturer reported losses of US$187.1 million and exited the quarter with US$174.1 million in cash and US$168.4 million in short-term pledged bank deposits.

Canadian Solar has secured its largest EPC contract to date with the signing of an agreement to build a 130MW PV power plant in Ontario, Canada for Samsung Renewable Energy.

Luxembourg-based manufacturer CNPV Solar Power has completed the first phase of a 10MW module supply deal with Indian steel and textile firm Cheenu Group.

German solar project developer Wirsol Solar has announced the construction of a 5.94MW project in Lobbach-Lobenfeld near Heidelberg, Germany.

International developer Mainstream Renewable Energy has formed a joint venture with investor Actis to deploy 600MW of solar and wind projects in Chile by 2016.

Screw foundations manufacturer Krinner Schraubfundamente has opened a facility in Ontario, Canada, expanding its operations into North America.

Dutch solar energy solutions provider Photon Energy N.V. has debuted on the NewConnect market of the Warsaw Stock Exchange.

A new supply and technology agreement has been signed between DuPont and Yingli Green Energy worth US$100 million.

The first of a planned 80 rooftop projects on agricultural facilities in Japan has been started by JAMC Solar Energy, a joint venture firm between Mitsubishi Corporation and the National Federation of Agricultural Co-operative Associations.

Multi-junction solar cells with conversion efficiencies of almost 50% could become cost effective as a result of a collaboration between equipment supplier EV Group and Fraunhofer ISE.