Bloomberg BusinessWeek has reported that R. Todd Neilson, a forensic accountant and former FBI special agent, has advised in a recent report filed with the US Bankruptcy Court in Wilmington, Delaware, that Solyndra communicated truthful information about its finances to the government before it claimed bankruptcy last year.
Suniva, Georgia-based solar module manufacturer, has announced that it will supply 2,892 of its 280W modules to a solar installation at the Bonnie Brae residential treatment centre for adolescent boys. Torcon Energy Services (TES) will install an 810kW ground-mounted PV system on Bonnie Brae’s campus, after the institution initiated some changes around campus to become more sustainable.
NexPower Technology, Taiwan-based thin film manufacturer, is supplying thin film modules to one of the largest PV projects in the New Jersey area, a ground mounted installation generating 10MW of energy. Construction is expected to begin soon.
A 684kW PV system for Fort Hood’s Liberty Village military housing has been activated, the US Army base’s leadership announced.
Axium Solar installed the 3,000 Schott Solar ground-mounted PV panels on a four-acre site. Universal Services Fort Hood (USFH), owner of the project, provided funding of US$3 million and will operate and maintain the installation.
Canadian deputy minister Fareed Amin sent an update on Ontario’s two-year review of its FiT program, announced in October 2011, to the ministry of energy. The changes to Ontario’s renewable energy scheme include a 20% cut to the FiT for solar and a 15% cut to wind power. All other renewables will remain at the current level. Tariffs will be adjusted annually each November and will take effect on January 1 the following year, inline with market conditions. Prices ill be set once a contract is offered rather than when a project application has been sent to the relevant department.
First Solar has sold the 50MW Silver State North solar power plant to Enbridge, the two companies announced today. First Solar has installed more than 800.000 PV modules on a site of 600 acres in Clark County, Nevada under a fixed-price EPC agreement and will be providing operations and maintenance services to Enbridge.
The US Department of Commerce has released its preliminary determination on countervailing imports of silicon PV modules from China. The DoC states Chinese producers and exporters received a subsidy ranging between 2.9-4.73%. Many analysts had expected subsidies in the range of 20-30%. Suntech and Trina Solar appear to have been singled out with Suntech having received 2.9% and Trina 4.73%; all other Chinese companies will receive 3.61%.
Thin-film module manufacturer Stion has announced that it will begin shipping from its Mississippi factory after receiving certifications from Underwriters Laboratory (UL) and International Electrotechnical Commissions (IEC). The move follows the development of modules with a nominal power of up to 140MW. Commercial shipments will commence from the Hattiesburg plant later this month.
Aide Solar has multiplied its module portfolio with the release of its Quasi-mono module line, which is comprised of 21 additional modules. The new line is available in 60 and 72 cell designs, with power ratings from 230 to 320W. The company noted that the new modules, which it states have up to a 4% higher conversion efficiency at the module level than traditional polycrystalline, have completed UL certification and are available for release in the US market.
A class action lawsuit was filed against First Solar by Pomerantz Haudek Grossman & Gross in the US District Court for the District of Arizona. The complaint states that between April 30, 2008 and February 28, 2012, First Solar violated the Securities Exchange Act of 1934 by not disclosing the full extent of certain manufacturing flaws on its earnings, that it improperly recognized revenue for certain products in its systems business, that it lacked sufficient internal and financial controls and, finally, that as a result, First Solar’s statement were materially false and misleading at all relevant times.
