United Insurance Brokers (UIB), an international insurance and reinsurance broker with headquarters in London, UK, has announced that it has won a contract to provide reinsurance for a 100MW power plant in southern Ukraine.
Renewable Energy Corporation (REC), a European supplier of PV modules, has completed the construction of a 4MW solar project in Greece for EuroEnergy, a renewable energy investment firm and a subsidiary of Libra Group.
Italian solar firm Aion Renewables has signed a preliminary agreement to sell 30MW of PV projects to Luxembourg-based Avelos. Aion Renewables is a specialist in the design, engineering, manufacturing and installation of PV systems.
Stefan Quandt, BMW board member and one of the richest people in the world, according to the Forbes list of billionaires, will become the majority owner of German-based PV module manufacturer, Solarwatt which is currently insolvency proceedings since mid-June.
Canadian Solar, Suntech Power, Trina Solar and Yingli Green’s almost immediate response to the EU anti-dumping complaints has triggered JA Solar’s rebuttal.
Dealing with the acute lack of capital spending across the PV supply chain, major equipment supplier Meyer Burger is consolidating its production and technology operations after several years of leading an acquisition trail. The company said it would focus operations at four main production locations and two solar technology centres worldwide.
Kyocera has released, what the company deems to be, conclusive evidence that its solar modules show only 8.3% degradation after 20 years. The Atomic Energy and Alternative Energies Commission (CEA) used a sample from Kyocera’s 945W roof installation in the small village of Lhuis, Lyon, France, to test under laboratory conditions. The results demonstrate that the modules were still performing at 91.7% of their original maximum power output.
According to a monthly report from Italian grid operator Terna SpA, solar power provided 8.4% of total Italian electricity demand in August. It also revealed that electricity generated from PV during that month grew by 49.2%, from 1,501 GWh in August 2011 to 2,240 GWh in August 2012.
Senersun has struck a deal with Poland’s Solar-Bau, which will see the company supply 23MW of its PV modules to Solar-Bau. Solar-Bau, an EPC company, will now be Senersun’s official partner in Poland. Alexandre Minuzzo, CEO of Senersun, noted, “We are proud to welcome Solar-Bau to Senersun’s network of official partners. With their impressive portfolio of projects and a much promising pipeline, Solar-Bau is clearly a high-profile solar company in Poland. We trust that this agreement with them will create synergies between our two companies, which will benefit our end-users in the country.”
IBC Solar announced that it has added Sungrow Power Supply’s PV inverters to its porftfolio. IBC Solar expects for the collaboration to allow it to offer its domestic and international clients a wider product range of PV inverter products that better meet their needs.
