The European Photovoltaic Industry Association has reported that, for the first time ever, solar PV power became the most installed energy source in Europe in 2011.The increased uptake of solar power, which rose 63% to reach 21.9GW last year, has been attributed to the implementation of incentive schemes and widespread subsidization by governments.
ET Solar has announced the completion of four rooftop projects, totalling 4MW generating capacity, in partnership with French developer Langa Solar. The projects are expected to begin power production by June, 2012.
Multi-Contact’s Westlake junction box (PV-JB/WL-H) has been certified by TÜV and UL following the product’s passing of the DIN EN 60068-2-52:1996 salt mist spray test.
JinkoSolar will continue to sponsor Valencia Football Club for two more years following the signing of a new contract. Valencia recently finished third in Spain’s La Liga and will play in the European Champions League next year. JinkoSolar will remain the club’s main sponsor and the company’s logo will be featured on Valencia’s home and away shirts throughout the season.
Socialist François Hollande has been elected as President of France, bringing further concerns and hopes to the country’s already flagging solar industry. Dubbed “Mr Normal”, he has promised a 25% reduction in nuclear facilities by 2020, an investment in alternative energy generation and improving energy efficiency.
Calyxo has revealed that its CdTe cell technology has reached 16.2% efficiency, a figure that has been verified by Germany’s SGS testing body. The company uses its proprietary low-cost “hot and fast” atmospheric deposition process in the manufacture of its CdTe cells. Calyxo’s CTO Michael Bauer also expressed confidence in the technology’s potential to reach 17–18% cell efficiency and 14–15% top module efficiency by the end of the year.
REC has announced that it will supply 20MW PV modules for installations across Bulgaria. The company signed a number of agreements to supply its modules to PV plants.
Hailed as one of the largest solar parks in Greece, Schneider Electric has helped complete a 4.99MW solar park at Kourtesi, which was developed by Enel Green Power and constructed by Cantreva. The solar project is expected to produce over 7GWh of electricity per year.
Following reports on First Solar shutting down production in Germany, it has contracted German PV services provider Adler Solar to take over responsibility for European warranties.
Meyer Burger Technology advised that it had raised US$121.3 (CHF110 million) in long-term capital through a Swiss Franc dominated straight bond issuance. The bond holds a coupon of 5% payable annually and maturity date of May 24, 2017. Zürcher Kantonalbank, Credit Suisse and UBS Investment Bank collectively offered the bond issue to institutional and private investors.
