The Qwest Field Event Center, home of the NFL’s Seattle Seahawks, is currently undergoing a “green transformation” with the installation of a rooftop solar PV system. Considered the largest rooftop solar array in Washington to date, the Qwest Field installation will have 3,750 CIGS solar panels manufactured by Solyndra producing over 830,000kWh of solar electricity per year and offset 21% of the Event Center’s annual utility costs.
Energy Conversion Devices (ECD) is looking to put its third fiscal quarter of 2011 and its rather dreary financial results behind it. The company has decided upon a strategic corporate restructuring process that it hopes will lead it to better future financial results. The company saw its consolidated revenue slide 69% from Q2 2011 and 70% from its Q3 2010 results by only posting US$21.5 million in Q3 2011, pinpointing “industry-wide disruptions” in key European solar markets as the leading factor in its final Q3 revenue.
JSW Green Energy has placed an order for 500kW of United Solar’s thin-film laminates to help power a portfolio of planned on-grid rooftop projects in India. These installations are the latest signal of JSW’s intent to establish itself as one of India’s premier private power producers.
Jun Xu and his team of researchers at the Oak Ridge National Laboratory have created a 3-D nanocone-based solar cell, which is said to enhance the light-to-power conversion efficiency by almost 80%. The solar cell is constructed using n-type nanocones made from zinc oxide, which perform as the junction framework and electron conductor , and are enveloped by a p-type semiconductor consisting of polycrystalline cadmium telluride, which act as the principal photon absorber channel and hole conductor.
Solar investments were hot in the first quarter, even if overall PV market demand cooled considerably; according to the latest quarter report on US venture capital (VC) investment in cleantech companies from Ernst & Young. Solar-based companies received US$362.7 million in new investments in the first quarter of 2011, up 162% compared to the same period a year ago. This accounted for 39% of the total dollars raised for the quarter, which is compiled from data provided by Dow Jones VentureSource.
Konarka Technologies is strengthening its management team with the appointment of Dr. James Buntaine as its executive vice president and chief technology officer. The new position adds weight behind the recent appointment of Kenneth McCauley as vice president of sales and marketing to transition the company into its commercial ramp phase. Dr Buntaine comes from Eastman Kodak after a 30-year career at the firm.
Energy firm, Constellation Energy is to acquire ground-mounted PV power plants at multiple sites being built by Belectric in Sacramento, California. The projects, which are expected to be commercially operational by the end of 2011, will use 81,000 First Solar CdTe thin-film modules, totals 30MW (DC) of solar generation. Financial terms were not disclosed.
The Californian City of Coachella is now home to a 420kW concentrator photovoltaic (CPV) system, which will provide solar energy to the Coachella Water Reclamation Plant. Developed by Johnson Controls and Solar Power Partners (SPP) using 55 SolFocus SF-1100S tracking CPV systems, the project is now connected to the regional electrical grid, serviced by the Imperial Irrigation District (IID).
According to Taiwan-based thin-film PV module manufacturer NexPower, it is the first thin-film producers to receive carbon footprint verification under PAS 2050 and ISO/CD 14067-1 standards. NexPower’s multi-junction PV modules were verified by DNV (Det Norske Veritas) in February, 2011 taking approximately four-months for the verification, according to the company.
Chevron Mining, a sister company to Chevron Technology Venture and a subsidiary of Chevron, has completed a 1MWconcentrated photovoltaic solar plant (CPV) near its molybdenum mine in Questa, New Mexico. The Questa solar project is spread over 20 acres and utilizes 173 solar trackers and Soitec’s CPV system to generate solar electricity. The energy produced at the site will be sold under a PPA to the Kit Carson Electric Cooperative.
