GCL Solar Energy has announced that it has ordered a total of 22.5MW of Satcon Equinox 500kW inverters as well as 44MW of SSB Solstice combiners to equip a 76MW PV plant in the Caribbean. Satcon will provide 55 inverters and 1,900 Solstice sub combiners, as well as 680 of its SSC Smart sub combiners. Further, the company will supply 64 medium voltage transformers.
S.A.G. Solarstrom has announced a significant increase in sales volume with a positive EBIT. The company closed the first quarter of 2012 with sales of €21.4 million (Q1 2011: €78.9 million) and an EBIT of -€2.8 million (Q1 2011: €5.1 million), claiming these results are in line with its schedule for 2012. The company states that in the previous year’s quarter, sales and EBIT had been influenced to a very great extent by the large-scale Serenissima project.
The Alamosa Solar Generating plant is being called the world’s largest concentrating PV electric power generating facility and Cogentrix Energy advised that it has finally begun commercial operation. Located in San Luis Valley in Colorado, the 30MW site produces energy for customers of Xcel Energy’s subsidiary, Public Service Company of Colorado (PSCo).
According to the latest PV System Integrators report from IMS Research, a German company held onto the top spot for the second year running. The report also demonstrated how Chinese integrators made the biggest gains in 2011, with three companies appearing in the top 10.
Gestamp Renewable Industries, a division of Gonvarri Steel Industries, has established its presence in the South African Renewable Energy components market by signing new joint venture agreements between its Gestamp Wind Steel and Gestamp Solar Steel divisions and South African industrial partners.
GERO Solarpark GmbH’s 28MW solar power plant was inaugurated in Amsdorf, near Halle, Germany, with Saxony-Anhalt prime minister Dr Reiner Haseloff in attendance. The project is a joint venture set up by GETEC green energy AG and the ROMONTA group. Despite the €50 million investment being overshadowed by federal government plans to bring forward cuts to solar power subsidies, the companies have been able to realize the project in seven weeks after ground was broken on the site.
According to a report by EMG, representatives from Serbia’s government and the Securum Equity Partners Europe signed a memorandum for the development of what is being called the world’s largest solar park. Minister of the Environment, Oliver Dulic, and members of Securum’s management board, including Alessio Colussi and Ivan Matejak, signed the memo in the presence of Prime Minister Mirko Cvetkovic.
Westinghouse Solar and CBD Energy are hoping that the definitive merger agreement both companies signed this week will be completed by Q3 2012. Approvals from both companies’ board of directors have been received. Limited closing conditions and approval by both companies’ shareholders need to be finalized in order to complete the deal.
The European Photovoltaic Industry Association has reported that, for the first time ever, solar PV power became the most installed energy source in Europe in 2011.The increased uptake of solar power, which rose 63% to reach 21.9GW last year, has been attributed to the implementation of incentive schemes and widespread subsidization by governments.
ET Solar has announced the completion of four rooftop projects, totalling 4MW generating capacity, in partnership with French developer Langa Solar. The projects are expected to begin power production by June, 2012.
