Power Plants

French CPV manufacturer Soitec has signed a power purchase agreement (PPA) with South Africa’s public utility Eskom for its planned 44MWp Touwsrivier power plant.

Algerian state-owned utility Sonelgaz is planning to build 4.2GW of renewable energy capacity by 2022 in a move designed to meet future domestic demand and establish an export market for electricity.

China Sunergy (CSUN), a solar cell and module manufacturer, has announced it will develop its first two solar projects in the UK.

Big name investors contributed US$37.3 million in LightSail Energy’s, an energy storage technology company, Series D funding round.

A report conducted by Clean Power Research for the Mid-Atlantic Solar Energy Industries Association (MSEIA) and the Pennsylvania Solar Energy Industries Association (PASEIA) notes that New Jersey and Pennsylvania deliver cost friendly solar power to consumers.

SiC Processing strikes deal to delay payments to major creditors until 28 February 2013.

Challenging competitive market conditions in Europe are forcing SunPower to re-evaluate its business strategy in the region after sales shrank and its European operations were loss-making in the third quarter of 2012.

Southern Solar is build a 100MW solar farm in phases, in Tamil Nadu, India, according to reports.

Schott Solar has completed delivery of over 17,000 of its PTR 70 receivers to Godawari Green Energy.

Energy management company Schneider Electric has secured over 100MW worth of projects in India with its new Conext Core XC Inverter in the three months since its launch.