Morgan Solar has closed the first installment of its Series B funding round with US$16.5 million. The funding will enable the company to increase its manufacturing and deployment for its Sun Simba concentrated PV module. Existing investors Inversiones Financieras Perseo, of the Iberdrola Group, and Nypro were joined by new investor, The Frost Group. Morgan Solar is in talks with strategic investors to close the remainder of the funding round.
Macy’s Goodyear, Arizona online fulfillment center is modeling a new 3.5MW rooftop solar power system. SunPower designed and installed the solar project, which features a SunPower T5 Solar Roof Tile system, and will continue to support the center with operations and maintenance services.
Solar Topps, a solar integrator in Arizona, and Schott Solar have entered into a new solar panel supply agreement. The agreement will see Schott’s solar panels used in future Solar Topps commercial solar power installations, which range from 30kW to 200kW. The solar installations will be based in various cities and business in Arizona including car dealerships, hotels and shopping centers in Tucson, Nogales, Yuma, Tempe and Phoenix.
IKEA’s mission to minimize its impact on the global environment continues with the announcement of six more solar installations to take place on its locations in the Eastern US. Since the beginning of this year, the home design giant has completed a 498kW solar system at its Denver store and a 200kW installation at its Brooklyn facility, while also announcing plans for two solar systems to be installed at store locations in Germany.
Solmentum, a residential power sales company, has completed its 1,000th project putting it over 5MW in sales after only two years of being in business. With the milestone, Solmentum is considered one of California’s five largest residential solar companies when it comes to monthly sales.
Plans are in the works to develop and build a 20MW solar PV power plant on property surrounding the Maryland Correctional Institution outside of Hagerstown. The project would be the largest commercial solar facility in the state.
San Diego Gas & Electric (SDG&E) has signed two more 25-year power purchase agreements (PPA) with Soitec Solar Development, which, this time around, will total 125MW of solar energy produced in SDG&E’s service area. Just last month, the utility signed contracts with Soitec subsidiaries for three solar projects in the San Diego area that amounted to 30MW of solar PV energy. SDG&E stressed that the three previous contracts were separate contracts from those announced today.
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.
The US Department of Energy (DOE) has pledged US$25 million towards the US-India Joint Clean Energy Research and Development Center (JCERDC) over the next five years. The R&D center is part of US President Obama and India Prime Minister Singh’s Partnership to Advance Clean Energy initiative that was revealed in November 2010.
The world’s largest producer of solar panels, Suntech Power, has increased the annual capacity of its new manufacturing facility in Goodyear, Arizona to 50MW. This is the second expansion of the site since it was opened in October 2010 and its new 24/7 operating hours will help raise monthly output to 15,000 panels.
