Solar Integrated Technologies and ContourGlobal have finished work on all four of the thin-film PV projects they agreed to build for Coca-Cola Hellenic (CCH). The 905kWP Marcianise, 1249kWp Nogara, 622kWp Oricola and 472 kWp Monticchio plants will generate around 3,330MWh of electricity per annum.
Despite a short and chequered history, Hoku Materials polysilicon plant in Pocatello, Idaho could be in line for further funding, according to a strategic cooperation agreement signed between Baoding Tianwei Group and U.S. bank, Wells Fargo.
The U.S. Department of Energy has made a conditional commitment of a loan guarantee worth up to $967 million for the 290MW (AC) Agua Caliente solar PV farm, located on 2400 acres of former agricultural land site east of Yuma, AZ. Preliminary construction on the site has begun, with the first electricity expected to be produced later this year or early 2012. The entire project is scheduled for completion in 2014.
Acuity Technology Management completed an independent evaluation on EnviroMission’s Australian Solar Tower technology, valuing it at AUDS$60,000,000. The valuation includes the intellectual property, development rights and overall commerciality of the technology.
Semiconductor capital equipment supplier Tegal and consultancy se2quel Partners have formed sequel Power, a new company focused on the development and operation of very large-scale solar photovoltaic-based utilities in the United States, Latin America, the Middle East, and Africa. At least 10 projects in the range of 750MW (DC) to 1.1GW (DC) are in various stages of negotiation, and all are located in high-insolation regions, according to company sources.
The U.S. Department of Energy (DOE) has revealed two new initiatives that promote tribal energy development and a better partnership between the DOE and tribal nations. U.S. Energy Secretary Steven Chu advised that up to US$10 million will become available this year for the DOE’s Tribal Energy Program, which will go towards the evaluation, development and deployment of energy efficiency and renewable energy projects on tribal lands.
Martifer Solar has entered into a binding agreement with Sunflower for the engineering, procurement, construction, operation and maintenance for 13MW of PV plants throughout the Piedmont regions of Italy. Martifer and Sunflower have previously worked together on two recently completed 2.1MW PV plants in the Province of Alessandria.
Constellation Energy is in the process of developing two rooftop solar installations in Maryland, both funded partially by grants through the Maryland Energy Administration’s Project Sunburst initiative. The first installation is a 750kW project at Anne Arundel County’s Combined Support Services Complex in Millersville. The roof-mounted system will have around 3,060 crystalline PV solar panels and produce around 900,000kWh of electricity every year.
Centrosolar Group is to issue a five-year bearer bond in Austria and Germany with a value of up to €50 million. The corporate bond will accrue interest at 7% per annum, and the securities prospectus required for the bond is expected to be approved by the Federal Financial Supervisory Authority (BAFin) on January 20, 2011.
Jiangsu Guoxin New Energy and Jiangsu Sainty Solar System have joined forces to build a 4MW rooftop array in Siyang, China. The system, which cost US$14.5 million and covers an area of 52,000 square metres, has the potential to generate in excess of 4.64 million kWh of electricity per annum during its 25-year lifespan.
