Isofoton advised that it has signed a joint development agreement with Korea’s Posco Plant Engineering for the international development of solar projects. The EPC company and solar module company noted that the projects will mainly be focused in the US, a locale in which Isofoton plans to install a 100MW solar plant later this year. Isofoton acknowledged that this partnership was a way to help broaden its international presence.
Specialist PV system monitoring firm, Solare Datensysteme said that sales had reached almost €7 million in the first quarter of 2012, a 118% increase over the same quarter in 2011. The company guided sales in the second quarter of 2012 would be inline with the first quarter. The increase in sales was said to be due to sales success in a wider number of countries, including Canada and the US.
In a joint venture, NYSE Euronext and research company Bloomberg New Energy Finance (BNEF) have developed three new sector indices covering solar and wind energy as well as energy smart technologies (EST). Each index is produced using the different global stock market values of 70–200 industry companies, and a minimum threshold exposure to applicable renewable energy sectors is also calculated.
Bidding for the real estate, patents and facility inventory of failed Dutch thin-film PV cell manufacturer Nuon Helianthos BV, will begin on April 16. The company announced that the pilot plant, located in Arnhem, would be closed last year after failing to reach commercial production due to lack of investment.
A subsidiary of MX Group, Solarday has gone into liquidation, according to a brief statement on its website. The company had opened it module assembly plant in Mezzago, Brianza, Italy in 2006 and had employed over 100 people, claiming it had achieved turnover in 2009 of over €60 million. MX Group had acquired a majority ownership of Solarday in 2011.
The Isle of Wight, located off the southern coast of Great Britain, has a new 1.6MW solar plant to thank for helping to contribute to its electricity grid. The project was completed using 80 strings, each with 88 solar modules, and outfitted with SunMaster CS20 inverters from Mastervolt. The company advised that this is one of the largest systems with sting inverters in Britain.
UK-based Oxford Instruments Plasma Technology (OPIT) has promoted Dan Ayres to managing director, effective immediately. Last summer Ayres was appointed to the newly-created role of general manager having already worked at the company for over ten years. He has been based in operations, product management and project management.
KACO new energy and Neon Energy recently signed a framework agreement at the Ecotec trade fair in Athens, which will see KACO provide Neon Energy with 50MW of its inverters for solar projects in Greece. Neon Energy plans to develop 100kw, 200kW and 500kW systems in the country over the course of this year.
Activ Solar has completed the EPC phase and begun commissioning of a 31.55MW solar PV plant in Mityaevo, Crimea, the autonomous republic of Ukraine. The ground-mounted plant has been equipped with over 134,000 polycrystalline solar modules and will be operated by Austria-based Activ Solar, which has to date installed over 215MW of solar PV projects in Crimea.
Jürgen Becker, state secretary of the German Federal ministry of the environment, pointed out at the Helios Project conference in Athens, that there are several opportunities to accelerate the development of solar energy in order to create new jobs and economic growth in a time of crisis.
