German football club Bayer 04 Leverkusen has signed a three-year sponsorship contract with solar giants JinkoSolar. The deal provides Jinko with advertising space at the club’s BayArena and also grants it exclusive rights to install solar panels on the stadium itself.
Having undertaken a scan of the geographical map for PV demand, Jefferies analyst Jesse Pichel believes the long anticipated second-half year boom is proving elusive to see. In a research note to investors, the firm noted that demand improved in June, but July appears to have flatlined, despite increased factory utilization from major PV module suppliers. Pichel raised the alarm that inventory could be building again, after being consumed in the April-June timeframe.
The recently completed 10MW utility-scale solar project in Larissa, Greece, which is being hailed as the largest solar plant in the country, is sporting Yingli Green Energy Holding PV modules. The project was developed by Selected Energy, a subsidiary of Selected Textiles, and constructed by Biosar Energy. Financing for the 10MW project was provided on a long-term, non-recourse basis from the project finance team at Piraeus Bank.
Despite the first-half slump in PV installations and significant inventory build across the PV supply chain, leading polysilicon producer Hemlock Semiconductor would seem to be riding its 50th year in business in style, as Dow Corning management noted that the polysilicon JV arm had remained ‘sold-out’ in the first half of the year and the situation would remain the same for sometime.
OPEL Solar International has signed a contract to supply modules for Limen’s two 1MW high-concentration PV (HCPV) power plants in Sicily, Italy. The order is valued at US$5 million and OPEL will begin delivery of the Mk-I modules in late 2011.
Sainty International Group and Gesolar have agreed to join forces and build China’s largest rooftop solar system. The 10MW array is to be located in Siyang, Jiangsu, and will be connected to the grid before the end of 2011.
Somerset Tire Service’s (STS) Bridgewater, New Jersey distribution center is donning a new 1MW solar installation with 5,488, 185W PV modules by Mitsubishi Electric and installation completed by Advanced Solar Products (ASP). The rooftop solar system is anticipated to produce 1,197MWh of electricity per year.
US-based inverter manufacturer Solectria Renewables has delivered four 266kW SGI 266 smartgrid inverters to BlueChip Energy for what will be the largest PV rooftop installation in Florida. The inverters will power the first 1.5MW stage of the 10MW Rinehart Solar Farm project located in Lake Mary, Florida.
Sustainable Energy Technology and Würth Solar will be working on a 90kW demonstration project, which will be installed at the Lycée Technique Louis Couffignal in Strasbourg, France. Using Sustainable Energy’s Paralex system design and Würth Solar’s CIS modules, the project is part of a cooperation agreement the two companies hold that aims to provide commercial and institution customers with “parallel” solutions for rooftops in France.
Q-Cells closed the sale of its Finsterwalde II and III PV power plants to Blue Forrest Solar Holding, a joint venture formed between DIF Infrastructure (DIF) and the NIBC European Infrastructure Fund (NIBC). The two plants have a combined installed capacity of 40MWp, which when added with the Finsterwalde I PV power plant Q-Cells sold in 2010, leads the entire site to have an 82MWp installed capacity.
