3W Power Holdings, the holding company of AEG Power Solutions (AEG PS), has reported its financial results for the third quarter ended September 30, 2010. While Q3'10 is typically a weak quarter cyclically for AEG PS, due to traditionally slower trading in Europe in August, the solar segment still came out on top.
Ascent Solar has signed a memorandum of understanding (MOU) with 'The Energy and Resource Institute' (TERI), based in New Delhi, India. Under the terms of the agreement, TERI will perform testing and performance evaluation of Ascent's flexible thin-film CIGS modules as well as looking at the feasibility of including these modules for TERI's flagship program 'Lighting a Billion Lives' (LaBL).
Concentrator photovoltaics developer SolFocus will partner with Vision Electro Mechanical to build the first commercial CPV power plant in Saudi Arabia. The initial project will be the initial project in a series of Saudi solar power stations planned by Vision (a subsidiary of Construction Projects Holding Co. [CPC]).
Good Energies and NIBC Infrastructure Partners have signed an agreement with Q-Cells SE for the acquisition of Finsterwalde II and Finsterwalde III, the solar photovoltaics plants located in Brandenburg, Germany. Together with Q-Cells' Finsterwalde I, which stands adjacent, the three Finsterwalde projects have a capacity of 81MWp, forming the largest operational solar PV plant in the world.
Meyer Burger Technology has signed a purchase agreement where 3S Industries USA will take over certain assets and all employees of SGS Slicing Solutions as well as SGS Machine Tool.
Just over a year ago, the Western Massachusetts Electric Company (WMECo) got approval from the Department of Public Utilities to build 6MW of solar facilities in the New England region over the next two years and the first of its projects has come to a successful completion at the William Stanley Business Park in Pittsfield. The 1.8MW solar installation is the first in the 6MW solar program and is situated on eight acres of land owned by WMECo and the Pittsfield Economic Development using around 6,500 solar panels.
Spire was chosen as the recipient for an indefinite delivery indefinite quantity (IDIQ) contract from the Federal Prisons Industries to provide integrator services for PV systems for Federal customers of Unicor. The contract has a five-year term with five, one-year renewal options. Its total value will not exceed US$75 million over the contract period and has no guaranteed minimum.
Due to a partnership with Enfinity and rail operator Infrabel, a two mile stretch of the high-speed rail tunnel on the E19 Highway in Belgium will have a rooftop solar power installation. The project will produce energy for the trains and stations on the rail line that serves both conventional and high-speed trains between Amsterdam and Paris via Brussels. The US$20.1 million project will generate 3.3MWh of electricity per year.
SunEdison has signed agreements with Huntington Beach for the installation of over 2MW of solar capacity at three Huntington Beach city properties. Work will begin on the three systems, which will be situated on carport canopies at the Huntington Beach Civic Center, Central Library and City Yard, in 2011. Once completed, the systems are expected to produce more than 63 million kWh of solar energy over 20 years.
