Iberdrola has signed a power purchase agreement with Basque Country-based telecoms provider Euskaltel to supply electricity produced from a 391MW solar project, in what is said to be the first PPA signed between a power company and a telecoms operator in Spain.
GCL System Integration Technology and Solarpro Holding and delivered on 21MW of Poly Perc modules for the construction of MET Dunai Solar Park, one of the largest PV projects developed in Hungary.
Single-axis solar tracker firm Soltec has signed a €100 million syndicated credit facility with eleven banks, led by Banco Santander to continue to expand its international business with the opening of subsidiaries in the five continents.
US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
European research and innovation hub centre imec has detailed a path for its nPERT (n-type Passivated Emitter and Rear Totally diffused) solar cell technology to reach conversion efficiencies in excess of 24% for volume production applications.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
