Power Plants

The global PV inverter market broke through the US$7 billion level for the first time in 2012, according to market research firm IHS.

Although financial details were not disclosed, SolarWorld subsidiaries in the US and German have built and sold three PV power plant projects that had a total combined capacity of 46.3MW.

A petrochemical construction firm based in Saudi Arabia plans to build a state-of-the-art polysilicon plant in Sarawak, Malaysia, expected to being production in 2016.

Japan added 1,394MW in clean energy capacity between 1 April 2012 and 31 January 2013, of which solar PV accounted for 1,329MW.

German PV developer Solen has declared bankruptcy and filed for insolvency at the Meppen district court after failing to repay the interest on a loan.

PV manufacturer Spectrolab has brought out a new solar cell wafer it claims will reduce customers’ costs by 10 to 15%.

UK solar energy developer Lightsource Renewable Energy has completed and commissioned over 133MWp of solar PV projects in the first quarter of 2013.

Solar system supplier SunPower is to construct two solar power projects for Yolo County in California.

PV manufacturer ReneSola has won a contract to supply its modules for installation at a 1.8MW solar project in Roswell, New Mexico.

Global project constructor firm AMEC and Arizona Public Service (APS) Co have jointly completed a 17MW solar farm, the fifth project under the APS' AZ Sun solar programme.