Power Plants

PV inverter specialist, Power-One reported fourth quarter revenue of US$192 million, within revised guidance but sales declined 32% in Europe, forcing the company to adjust production to demand with the planned loss of 300 jobs.

US energy provider SolarCity has installed PV systems with a total capacity of 2.3MW at all 19 district schools and a district support centre which make up the Murrieta Valley Unified School District in California.

Thin-film manufacturer First Solar has announced the acquisition of the 50MW Macho Springs Solar project from developer Element Power in Luna County.

PV project developer SunEdison and Chilean mining and steel group CAP have signed an agreement to develop, they claim, the largest PV plant in Latin America.

For the fourth time in two years China has increased its solar energy target from 21GW by 2015 to 35GW.

Mage Solar and Paradise Energy have completed the installation of a 1.1MW PV system for concrete manufacturer Martin Limestone.

Inti Pacific 2, an affiliate of Spanish renewable energy developer Nexer, is seeking approval for its proposed 54MW PV project in the Antofagasta region of northern Chile and has submitted plans to the Chilean environmental authority, Servicio de Evaluación Ambiental (SEA).

Swedish furniture store IKEA has completed its 35th solar project in the US at its store in store in the city of Sunrise in southern Florida.

Enel Green Power (EGP), a renewable energy developer, has announced it has installed and brought online a total of 57MW of PV capacity in Greece.

Greek grid operator, Hellenic Transmission, has announced the country installed 1.126GW of solar PV capacity, whilst rooftop capacity was 298MW in December 2012.